09.18.2020 0

Rapid recovery of U.S. economy continues as 1 million leave unemployment in a week

Another 1 million leave unemployment in a week as Trump’s predicted rapid recovery continues:
http://dailytorch.com/2020/09/another-1-million-leave-unemployment-in-a-week-as-trumps-predicted-rapid-recovery-continues/

Another 1 million Americans left continued unemployment claims the week of Sept. 5 on an unadjusted basis, the latest data from the Department of Labor shows. That brings the number collecting unemployment down to 12.3 million from its 13.8 million Aug. 18 level. Overall, since the week ending May 9, continued claims have dropped from the peak of 22.8 million to now 14.26 million, a decrease of 10.5 million. Meaning, when the September jobs numbers are reported the first week of October, the last monthly survey before the election, it promises to be another huge number of jobs recovered — could be a couple million more — as the rapid economic recovery almost nobody but President Donald Trump predicted continues.

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