US President Trump says positive jobs report 'shows that what we’ve been doing is right'
US President Donald Trump effectively claimed victory over the economic crisis and Covid-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jobs report in hopes of convincing a discouraged nation he deserves another four years in office.
Claiming improvements everywhere, Trump said, “Hopefully George is looking down right now and saying this is a great thing that’s happening for our country.... This is a great, great day in terms of equality.” At the same time, he's taken an uneven approach to explosive racial tensions in the wake of Floyd's death. As he has in recent days, Trump on Friday offered a sympathetic message to Floyd in one breath and lashed out at protests in his name the next.
Still, after weeks of dire predictions by economists that unemployment in May could hit 20 percent or more, the news was seen as evidence that the collapse may have bottomed out in April. The presumptive Democratic nominee said Trump was patting himself on the back as America faces some of its sternest challenges ever.
Friday’s report reflected the benefits of nearly $3 trillion in government aid instead of an organic return to normal. Only one of every nine jobs lost because of the pandemic has been recovered, and the specter of corporate bankruptcies hangs over the recovery.
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