08.28.2020 0

Trump accepts GOP nomination amid rapid recovery, improving jobs picture as millions return to work

President Trump is bringing America back again, accepts Republican nomination as 2.9 million leave unemployment in a month:

President Donald Trump has once again accepted the Republican nomination for President with the promise to fully reopen America as 2.9 million Americans have left continued unemployment claims in the past month, according to the latest data from the Bureau of Labor Statistics. As of July 18, on an unadjusted basis, 16.8 million Americans were on unemployment, but as of Aug. 15, that number was down to 13.9 million, according to the Department of Labor, a dramatic shift of 2.9 million back into the labor force as states reopen in the aftermath of the spring lockdown response to the COVID-19 pandemic. That should build upon the 10.1 million jobs that have been recovered since labor markets bottomed in April, according to the Bureau of labor Statistics’ household survey, with the Sept. 4 unemployment report due out, in what can only be called a miraculous turnaround that few but President Trump saw coming. President Trump predicted the rapid recovery now underway, where now the Atlanta Federal Reserve is projecting a more than 25 percent expansion of the Gross Domestic Product (GDP) in the third quarter. How about that?

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