The August jobs report is proof positive that the Great American Comeback continues.
With 1.4 MILLION jobs added back, beating expectations, under President Trump, the U.S. has now added back more than 10 million jobs in the last 4 months.
Note: August is the 4th largest jobs gain in American history and 2.5 times better than any one month under Obama and Biden.
Fox Business’s Dagen McDowell: “dramatic drop” in unemployment, “a solid report pointing to continued recovery in the economy and in employment”https://t.co/lDV4sMO2MF pic.twitter.com/YcFQrR6fFA
— RNC Research (@RNCResearch) September 4, 2020
Looking deeper into the numbers, employment levels for African Americans rose by 367,000 and by 1 million for Hispanic Americans
And the unemployment rate made tremendous progress, falling by 1.8% to 8.4%.
- The unemployment rate for African Americans decreased 1.6% to 13%.
- The unemployment rate for Hispanic Americans decreased 2.4% to 10.5%.
Good economic news:
“Economy adds 1.4 million jobs in August, and the unemployment rate fell below 10 percent for the first time since the pandemic” https://t.co/JCYKsY3cZD
— Josh Kraushaar (@HotlineJosh) September 4, 2020
Joe Biden’s $4 TRILLION tax-hiking agenda coupled with his threat to shut the economy down is not what the American people need.
Bottom Line: This jobs report is Joe Biden’s worst nightmare: The Great American Comeback is underway under President Trump.