Even the Mainstream Press can’t downplay the great economic numbers that were released Friday by the labor department.
CNBC reports: “big decline†in unemployment rate, unemployment rate lower across demographicshttps://t.co/lHKVvHRfmY pic.twitter.com/Zu31u7YONe
— RNC Research (@RNCResearch) September 4, 2020
CNBC’s Steve Liesman: “a lot more people came back to the workforce and a lot of them found jobsâ€https://t.co/enHy0gFIYj pic.twitter.com/sFYSUiqZaM
— RNC Research (@RNCResearch) September 4, 2020
Fox Business reports: 1.37 million jobs created, a “big change†in the lowering unemployment rate pic.twitter.com/g4uBMBJAbx
— Steve Guest (@SteveGuest) September 4, 2020
BREAKING: The US gained back 1.4 million jobs in August.
Official unemployment rate = 8.4%
That’s the lowest unemployment rate since March but one of worst in modern history.**About 48% of the 22 million jobs lost during the pandemic have returned**
— Heather Long (@byHeatherLong) September 4, 2020
Almost 1.4 Million Jobs were created according to Labor Department figures released Friday.
BREAKING: U.S. jobs rose by 1.4M in August, unemployment rate fell to 8.4%https://t.co/wH5nYwYg5d pic.twitter.com/raR49YATWs
— CNBC Now (@CNBCnow) September 4, 2020
Even Bezos’s political newsletter is forced to admit that the roaring Trump economy is on its way back.
WaPo: Economy added 1.4 million jobs in August, and the unemployment rate fell below 10 percent for the first time since the pandemic took holdhttps://t.co/BKeJGsqmvk
— Arthur Schwartz (@ArthurSchwartz) September 4, 2020
Moody’s Capital Markets chief economist John Lonski: jobs report is “a good number for the U.S. economy, it shows that the economic recovery is hereâ€https://t.co/m2zXeqewsJ pic.twitter.com/kbleDcjpa8
— RNC Research (@RNCResearch) September 4, 2020
Fox Business’s Dagen McDowell: “dramatic drop†in unemployment, “a solid report pointing to continued recovery in the economy and in employmentâ€https://t.co/lDV4sMO2MF pic.twitter.com/YcFQrR6fFA
— RNC Research (@RNCResearch) September 4, 2020
Even the Obama crowd is marveling at President Trump’s handling of the economic recovery.
Former Obama economic advisor: Unemployment “lower even than I thought it would be at the end of the year.†pic.twitter.com/kVRJLIaSJ1
— Arthur Schwartz (@ArthurSchwartz) September 4, 2020
EmployBridge chief workforce analyst Joanie Courtney: jobs report “a good sign…we are moving in the right direction with this recoveryâ€https://t.co/EOE8JbdSlO pic.twitter.com/OS62ND86LD
— RNC Research (@RNCResearch) September 4, 2020
Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn.
The unemployment rate was by far the lowest since the coronavirus shutdown in March, according to Labor Department figures released Friday. An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons also fell, down to 14.2% from 16.5% in July and 22.8% at the peak in April.
Economists surveyed by Dow Jones had been expecting growth of 1.32 million and the jobless rate to decline to 9.8% from 10.2% in July.
The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri two years ago at the age of 19. Since its founding, it has gotten over 2M pages views and over 20k followers. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.
