By Duncan Smith
That ‘V-shaped recovery’ President Trump and his entire economic advisory staff have been predicting once states began reopening from coronavirus shutdowns is in full swing, proving again that the president is the one who can rebuild our country.
And not Democrat Leftists under figurehead President Joe Biden, who would keep our economy locked down indefinitely until the last COVID virus was gone.
After analysts had only predicted a gain of about 2.p million new jobs in June, the official numbers are in — and they blow through that.
The real number is at least 4.8 million new jobs or Americans returning to their old jobs, dropping the unemployment rate more than 2 full points (down to around 11.1 percent).
'Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today,” the Labor Department released Thursday morning.
“These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it,” the department continued.
“In June, employment in leisure and hospitality rose sharply. Notable job gains also occurred in retail trade, education and health services, other services, manufacturing, and professional and business services,' it said.
The president also pointed out that women and Americans of color have also benefitted — again.
President Trump: June showed record job growth for black Americans, Hispanic Americans and women pic.twitter.com/FCUAdLocUX
— Arthur Schwartz (@ArthurSchwartz) July 2, 2020
Naturally, this magnificent news hasn’t stopped the Democrat Party’s propaganda division, the ‘mainstream media,’ from trying to talk it down and crap all over it.
Analysis: The June jobs numbers were good — in part because they predate the new coronavirus surge https://t.co/welBW8Q4xS
— The Washington Post (@washingtonpost) July 2, 2020
No doubt as some businesses are being forced to close again for at least a few weeks as there are new surges in coronavirus that job figures are going to dip somewhat again.
But wouldn’t it be nice just once to see ‘the mainstream media’ give Americans something to celebrate and enjoy, maybe even pull for the country as well?
President Trump is Breaking Down the Neck of the Federal Reserve!
He wants zero rates and QE4!
You must prepare for the financial reset