Categories: Business

President Trump Is Celebrating The Latest Drop In Unemployment Rate As A Victory

Since the coronavirus pandemic happened, things went down negatively for Trump and his administration. Millions of people filed for unemployment during April and the rate of unemployment was nearly 15%. However, the latest reports reveal that the rate of unemployment went down to 13.3%, as Trump’s decision to reopen the economy benefited people getting back to their jobs. Even though many analysts predicted that the unemployment percentage would rise in May, some of them also said it would touch the benchmark of 20%.

However, in reality, Trump’s decision to restart the economy has given millions of people their jobs back, and he is celebrating it as a victory. The presidential election is now a few months away, some republicans are trying to beat him as a contender, but it seems like Trump us quite enjoying the position. Trump tweeted about the rate of unemployment getting to the lowest rate, such as 13.3%, and added various news sources.

He mentioned big news channels covering this news clearly, and the press praised him for maintaining such a lower level of unemployment in the country. Big news sites mentioned this news by using words like “stunner,” “incredible,” “amazing,” and Trump said these keywords specifically. As everyone knows, the media doesn’t like Trump, and the feeling goes the same from his side also. However, this time, he got praise for taking the rate of unemployment to the lowest level.

This report comes in a tough time because the country is facing health as well as racial problems. This report shows black unemployment stood at 16.8%, while white unemployment, on the other hand, was 12.4%. White House is currently worried more about the ongoing protest in the country because that social issue is increasing at a very high rate.

Samuel Roan

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