President Donald Trump touted that the U.S. economy is making a dramatic recovery from the CCP Virus (coronavirus) pandemic following an upbeat job report, but his political rival, former Vice President Joe Biden, said the economy remains in dire straits until the virus is beaten.
The Bureau of Labor Statistics (BLS) reported on Thursday, July 2, that the unemployment rate in the United States fell from 13.3% in May to 11.1% in June as the economy added a record 4.8 million jobs last month.
Coming to a White House briefing room on the same day, President Trump called the new employment report “spectacular news.”
“Today’s announcement proves that our economy is roaring back” from the pandemic, the president said, echoing a statement from the BLS which said, “These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it.”
With employment rising in a broad way, from leisure and hospitality to retail trade, from education to health services, from manufacturing to business services, President Trump declared that “the crisis is being handled.”
“The good thing is the numbers will be coming out just prior to the election, so people will be able to see those,” said the president, who is also eyeing at positive data in the third quarter.
The beyond-expectation employment data came after the Trump administration has been pushing for reopening the economy amid the virus pandemic, which wiped out more than 20 million jobs in April during the lockdown.
President Trump’s re-election campaign seized on the news, touting that he is “leading the Great American Comeback!”
However, Biden—presumptive Democratic presidential nominee—said that though millions of jobs returned in June, “no victory to be celebrated” because the economy will be still at risk until President Trump addressed the CCP Virus pandemic.
In a livestream statement from his home in Delaware on Thursday, Biden tore into President Trump over his response to the pandemic, pointing to a record of roughly 50,000 new virus cases tallied on Wednesday.
“Until this president faces what’s going on in this country, the economy will remain at risk,” Biden said. “Today’s report is positive news, and I’m thankful for it. But make no mistake: We’re still in a deep, deep job hole because Donald Trump has so badly bungled the response to the coronavirus.”
The former vice president noted that the jobs data only measured unemployment until June 12 and that “some businesses have to close down again, some states reimposing restrictions” since then.
“In the last two weeks, we’ve seen almost 3 million new unemployment filings, and another 1.7 million people seek special pandemic unemployment insurance,” Biden noted.
“There’s no victory to be celebrated when we’re still down nearly 15 million jobs and the pandemic is getting worse, not better,” he said.
Biden also criticized President Trump for returning to the campaign trail with rallies in states that have seen a rise in the CCP Virus cases.
“Donald Trump’s just given up. He’s not even trying to secure our public health anymore. He’d rather get back to his campaign rallies. He’s decided he has more to gain by dividing this country,” Biden said.
“Quit hoping for the best, Mr. President. Quit claiming victory with nearly 15 million Americans still out of work because of the crisis. Quit ignoring the reality of this pandemic and the horrifying loss of American life. Act. Lead. Lead, or get out of the way so others can, Mr. President,” Biden continued.