08.21.2020 0

President Trump was right about rapid recovery as 1.56 million more leave unemployment over 2 weeks

1.56 million Americans come off unemployment continued claims in two weeks as rapid recovery Trump predicted continues:
http://dailytorch.com/2020/08/1-56-million-americans-come-off-unemployment-continued-claims-in-two-weeks-as-rapid-recovery-trump-predicted-continues/

A combined, unadjusted 1.56 million Americans came off of unemployment continued insurance claims the weeks of August 1 and August 8, according to the latest data by the Department of Labor as the U.S. economy continues a rapid recovery almost nobody but President Donald Trump was predicting. Since the week ending May 9, unadjusted continuing unemployment claims have dropped from 22.8 million to now 14.26 million, a decrease of 8.5 million. The biggest state gains the week of August 8 were in California, with more than 118,000 coming off of continued claims, 114,000 in Michigan, 103,000 in Nevada, 96,000 in Texas and almost 81,000 in Florida. Overall, according to the Bureau of Labor Statistics’ household survey, a record 10.1 million jobs have been added back to the economy in just three months after labor markets bottomed in April. Almost nobody but President Donald Trump predicted this could happen. Turns out, President Trump was exactly right. And as millions more Americans return to work, he will have a strong case to make this fall politically that his leadership was instrumental in making this rapid recovery possible. How about that?
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