To the shock and horror of Democrats and their liberal-biased media puppets the nation’s unemployment rate dropped to 13.3 percent thanks to “a limited resumption of economic activity that had been curtailed” because of the coronavirus pandemic.
In its monthly jobs report the Bureau of Labor Statistics stated that the US economy added 2.5 million jobs last month as the nation began its recovery from the COVID crisis.
That marked an improvement from the record 14.7 percent unemployment seen in April and defied expectations for the virus-related job losses to worsen. Economists predicted a 19.8 percent unemployment rate and 8 million lost jobs.
Of course, the Democrats and liberal-biased Trump-Hate media were predicting anywhere from 20-30% unemployment rate and a shoo-in victory for Joe Biden in November.
"Economists polled by Refinitiv expect the US economy to shed another 8 million jobs in May… That would push the unemployment rate to nearly 20%, a record high."https://t.co/cLUHf9yZJj
— Eddie Zipperer (@EddieZipperer) June 5, 2020
While some parts of the country have allowed businesses to reopen that had closed to control the spread of the deadly virus.
Some Democrat governors steadfastly refuse to reopen despite now allowing the George Floyd protest to go on unimpeded.
In fact, some Democrat Governors went so far as to join in on these protests to pander to the black community.
Other parts of the economy also hinted at recovery in May, with consumer confidence and manufacturing activity both improving.
But it remains uncertain how fast the destroyed jobs will come back as applications for unemployment benefits continue to pile up. More than 21 million people were claiming in the week ending May 23, federal data showed Thursday.
With Post wires