June Jobs Report Beats Expectations, Unemployment Falls

America faces perhaps its most crucial vote in November as jobs and prosperity hang in the balance.

The pandemic shuttered the economy and sent upwards of 30 million people to the unemployment rolls. Democrats such as Joe Biden want to scuttle the robust economy the middle class was enjoying before COVID-19 forced us to stay at home. In its place, far-left agendas such as the Green New Deal would replace growing wages with higher taxes. Democrats are determined to make Americans increasingly reliant on government.

But President Donald Trump has a radically different idea. Having exceeded his campaign promises by rewriting bad trade deals such as NAFTA and replacing it with the USMCA, as well as beating China in a tariff war, the president has again made a promise he plans to keep.

“We got artificially stopped by a virus that nobody ever thought possible and we handle it and we’ve built a team and we built an apparatus that’s been unbelievable,” President Trump reportedly said. “We built the greatest economy in the world. I’ll do it a second time.”

The recent jobs report appears to be a reason for optimism as it exceeds so-called experts’ predictions. But, by now, working people are getting used to the Trump economy being great. Although the jobs report is typically released in the first days of the month, it will take weeks to make revisions and updates. But stocks were already rallying behind significant job gains.

U.S. companies reportedly added between 2.4 and 3 million jobs in the month of June. Indicators point to small businesses making the largest strides.

“Other sectors that accounted for the gain included health care and social assistance, which added 246,000, and education, which saw an increase of 36,000. Trade, transportation, and utilities jumped by 288,000, and construction surged by 394,000. Manufacturing added 88,000 new positions last month,” according to Fox News. “Small businesses led industries by size with the addition of 937,000 jobs last month. Medium-sized businesses added 559,000 jobs, and large businesses grew by 873,000.”

Unemployment could drop another full percentage point from 13.3 to 12.3 percent once adjusted. During the peak of the lockdown, unemployment hit a staggering 14.7 percent. Before the virus upended the economy, the U.S. enjoyed 50-year low unemployment and there were more jobs than people to fill them.

By contrast, the Obama-Biden administration had no legitimate answer to the previous financial crisis. African-Americans took the biggest economic hit after the Great Recession suffering an inequitable unemployment rate over 16 percent at a time when the country was under 10 percent.

The Obama-Biden economic plan was seemingly non-existent as month-over-month job growth remained stagnant or posted a miserable one-tenth of a point. Already, the Trump Administration has driven down unemployment by more than 2 points in just two months. But what makes these early strides truly eye-raising is the fact much of the country is still not open. That’s a frightening proposition for the fake news media.

CNN, widely considered the leader in fake news, started bashing the gains just ahead of the jobs report on Thursday, June 2. It’s typical doomsday headline read: “America’s job market is starting to recover. But don’t hold your breath.”

What the fake news and establishment media doesn’t want you to know is that the country is in the early stages of the greatest economic turnaround in history. They are deathly afraid that if people knew the facts about the previous administration’s failures and the Trump Economy being poised for greatness, it might just affect the way people vote come November.

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