Rapid economic recovery Trump predicted continues as unemployment claims drop

Aug. 13, 2020, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement on the latest unemployment insurance claims published by the Department of Labor:

“President Donald Trump predicted a fast recovery from the COVID-19, and now it is continuing at a rapid clip with fewer than 1 million new jobless claims for the first time since March, and another 624,000 came off continued claims the week of Aug. 1.

“As a reminder, in Feb. 2020, unemployment was at a 50-year low with fewer than 6 million Americans unemployed and it was the unleashing of the Chinese coronavirus that drove those numbers through the roof. Now, the President’s balanced approach to reopening America while continuing to battle the virus has led to an unprecedented recovery, with 9 million to 10 million jobs recovered in the past three months.

“No President has been as focused on private sector job creation in generations, and it stands in stark contrast to the Obama-Biden so-called shovel-ready jobs promise that paid off public employee unions but did little for Americans who were actually out of work.”

Interview Availability: Please contact Americans for Limited Government at 703-383-0880 or at media@limitgov.org.

###

Print Friendly, PDF & Email