President Donald Trump declared the US economy in 'rocket' mode Friday after data showed a surprising recovery in the coronavirus-ravaged jobs market -- lifting his own sinking reelection chances in the process. 'This is a rocket ship,' Trump said in a hastily convened celebratory
President Donald Trump declared the US economy in"rocket" mode Friday after data showed a surprising recovery in the coronavirus-ravaged jobs market -- lifting his own sinking reelection chances in the process.
Despite calling a press conference, Trump took no questions from reporters about the coronavirus pandemic and nationwide unrest over the brutal death in police custody of a black man, George Floyd. Now with hard data to back his prediction that economic devastation from the coronavirus shutdown will quickly ease, Trump feels his political mojo coming back.
Trump then flew off for the day to Maine, a state he hopes will help carry him over the top in a tight race against Biden.The Labor Department attributed the job improvements to"a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it."
But with a massive $3 trillion infusion of government aid, and trillions more in lending to businesses, economists say it is likely firms were able to bring workers back.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commentary: Could Donald Trump not run for re-election?With riots in the streets and the COVID-19 death toll rising, Trump doubles down on his 2016 anti-establishment strategy. But the odds are stacked ...
Read more »
Happy Birthday, Mr President: Trump hits record on Google adsNEW YORK (BLOOMBERG) - President Donald Trump's combative response to nationwide protests against police brutality has dominated the news in recent days, but a wave of ads on Google's YouTube has sought to draw attention to another event: the President's 74th birthday.. Read more at straitstimes.com.
Read more »
Shell plastics plant Trump touted faces oversupply risks: Energy institute reportA massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price ...
Read more »
Shell plastics plant Trump touted faces oversupply risks: energy institute reportA massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price ...
Read more »
Searching 'racist' on Twitter brings up Trump as top resultUS President Donald Trump appears as the first result of suggested accounts when users type 'racist' into Twitter's people search, it emerged Wednesday. Trump has more than 80 million followers, although there is much dispute about how many of them are genuine, active human Twitter users
Read more »
Trump denies he was rushed to White House bunker for protectionWASHINGTON: President Donald Trump yesterday denied media reports that he was rushed to the White House bunker for his safety while protests raged in the streets outside. 'It was a false report,' Mr Trump told Fox News radio, before elaborating that he did go into the...
Read more »