Donald Trump said that June’s jobs report, which showed an uptick, proves the economy is “roaring back.”
Rubbish. The Labor Department gathered the data during the week of June 12, when America was reporting 25,000 new cases of Covid-19 per day. By the time the report was issued, that figure was 55,000.
The economy isn’t roaring back. Just over half of working-age Americans have jobs now, the lowest ratio in over 70 years. What’s roaring back is Covid-19. Continue reading.