Pres. Trump on surprising jobs numbers: 'We're opening with a bang.'
"This leads to a long period of growth," he added."Now we're opening, and we're opening with a bang."He said smart analysts were proven wrong about their unemployment predictions.
“I think it was one of the greatest miscalculations in the history of business shows, business shows talking about Wall Street,” he said.President Donald Trump holds a press conference in the Rose Garden of the White House in Washington, on June 5, 2020. President Donald Trump holds a press conference in the Rose Garden of the White House in Washington, on June 5, 2020.In doing so, Trump broke a federal rule prohibiting the executive branch from commenting on the jobs report within an hour of its release, instead tweeting within minutes of its release, at 8:33 a.m. ET, in order to take credit.
In May, 2.5 million jobs were added, according to the Bureau of Labor Statistics, appearing to add momentum to Trump's strategy of reopening the economy -- a key to his reelection hopes -- after much of it was shut down amid the pandemic. Congressional Democrats have been pushing an addition $3 trillion stimulus package and additional unemployment insurance, and Senate Minority Leader Chuck Schumer said after the numbers came out that it was not a time to be"joyous," saying on MSNBC that without more aid from Washington gains could quickly"evaporate."
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