About 2.7 million jobs were added in May and 4.8 million positions were added in June -- both a record. However, they came after an unprecedented 22.2 million job losses in March and April.
The further reopening of the economy in June ushered back more temporarily laid off workers. The job gains were concentrated in industries that have been hammered by the pandemic, including leisure and hospitality, health care and retail. Economists have attributed the burst in job gains to the government’s Paycheck Protection Program that provided small businesses loans that cover eight weeks of wages and other expenses. But the exhaustion of those loans threatens to lead to another wave of layoffs, economists caution.
The real problem... Aaron Rupar atrupar Trump ludicrously claimed to Fox Business just now that 'I think we're gonna be very good with the coronavirus. I think that at some point that's going to sort of just disappear, I hope.' (The virus will not disappear on its own.)
Trump could say the labor market sucks you would report how great it is. Anything to just contradict trump anymore. Never this with Obama’s daily lies. Oh and I still can’t keep my doctor thanks to Obama’s lie of 1 million he told