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6/5, 4:38 PM (Source: TeleTrader)
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Trump: Jobs report shows US economy a 'rocket ship'

United States President Donald Trump said on Friday he believes the country's economy will not only recover from the coronavirus pandemic by next year but that today's better-than-expected jobs report proves the US is "not on a V-shaped recovery, it's a rocket ship."

The nonfarm payrolls data, which revealed the economy added 2.5 million jobs last month, is "an affirmation of all of the work we've been doing," Trump said at a press briefing. September and October's data will be "spectacular," he added.

On the George Floyd protests, Trump told reporters he hopes that states that haven't yet called on the National Guard, like New York, will do so, stating at one point that "Minneapolis was under siege" by rioters.

Breaking the News / JC