Washington, Jun 21 : The US economy is doing “amazingly” well, President Donald Trump has said, stressing that America is witnessing “record-setting” numbers in terms of jobs.
Trump made the comments on Saturday while responding to a question on the US economy, which has been battered by the coronavirus pandemic.
The country’s unemployment rate for April was 14.7 per cent, which was the highest since 1948. With the addition of 2.5 million jobs, the monthly rate dropped to 13.3 per cent for May.
The economy had lost 22.1 million jobs in March and April when most parts of the US were under lockdown due to the coronavirus outbreak. In May, some businesses have reopened and rehiring of workers has picked up. Trump had described the numbers as an affirmation of the good work his adminstration is doing.
The US economy is doing amazingly well, Trump told reporters.
(PTI)
