New Jobs Numbers Show US Economy ROARING Back

Public Domain

Newly released job numbers from the month of June show that the U.S. economy is roaring back after being decimated by the coronavirus crisis.

According to The Daily Wire:

Newly released statistics on Thursday showed that the U.S. economy regained 4.8 million jobs in June and that the unemployment rate fell from 13.3% to 11.1% as the country continues to recover from the coronavirus pandemic.

“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 Bureau of Labor Statistics said in a statement. “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.”

According to the report, black unemployment dropped from 16.8% to 15.4% and Latino unemployment dropped from 17.6% to 14.5%.

“We’re in the beginning of a slow recovery,” Marianne Wanamaker, a labor economist at the University of Tennessee, told The Wall Street Journal. “I think the recovery will stall out if we don’t get control of the virus.”

Economists have cautioned that we are not out of the woods yet as the reactions to the virus have forced the permanent closure of countless small businesses.



Subscribe
Notify of
guest
7 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Nr
Nr
1 year ago

Under President Trump leader ship, best economy in decades, lowest unemployment numbers for Blacks,Hispanics,Asians EVER (women in 15years)lowest unemployment ever. With full transparency and honesty! Which you never saw with pass Presidents. Excluding 1 or two. The list is endless. Best president ever, President Trump! Keep America Great! The unstoppable KAG train full steam ahead to 2020 and beyond!

Robert
Robert
1 year ago

Now when Trump’s big announcement was made based on information based befroe the laest virus spike in mainly red states but actually happening in about 40 of the USA states, and re closings of businesses at this time. Now I also se that the Governor of Texas has demanded masks which he sais he would never do.

LADD MILLER
LADD MILLER
1 year ago
Reply to  Robert

Desperate attempts to stop us by Globalist interests, they are going DOWN — and we will root them out and END them before we are done.

maxibaby
maxibaby
1 year ago
Reply to  Robert

Can you spell N E G A T I V E? Good because “negative” is the middle name of all liberals! All of you certainly live up to it!
I heard a rumor that all of you hate DJT more than you love your country! It must be true because if he gave you a billion dollars tax free, you would criticize and find fault with him!

maxibaby
maxibaby
1 year ago

American people and businesses now realize the economy is waiting to roar out of the gates, young people now realize they have to make responsible choices and good decisions about their personal actions in combating COVID-19! Older people and people in poor health realized very early this virus was lethal and have been vigilant in being careful! Young people are impatient and eager so they have had to learn to be more careful if we are to get rid of this beastly virus! We have just suffered a relapse and people will do better now!
Don’t let the liberals scare you……they don’t want the economy to come roaring back because their goal is to get rid of DJT and Republicans in November so the Dems can try to force their “vision” down all our throats! AND, we know what they want for America! They want to change from our Constitution and Capitalism to a socialist/communist globalist/NWO government! We must not allow it!

Dan Winright
Dan Winright
1 year ago

FACE FUNGUS FOR ALL!
THANKS DUMBOCRAPS

Walkin O'Shea
1 year ago

These are the kind of reasons why the President will be re-elected again in November. Real people are interested in real issues and they’ll be supporting the man who makes things happen and makes things work. The democrats have become the party in the basement. No one is interested in people who live on their parents pull out in basements.

By submitting this form, I hereby consent to TrumpTrainNews.com's Terms of Use and Privacy Policy, which permits TrumpTrainNews.com and its affiliates to contact me.