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The economy added 1. 4 million jobs last month. We have added a recordsetting 10. 6 million jobs this may. 10. 6 million jobs since may. That is a record, it is not even close. Secondplace is a long ways away. In july the cbo was protecting projecting unemployment over 10. 5 through the end of 2020. They thought 2020 would be a lot longer than that. Some projections where you go through the entire year and that includes a lot of months and the following year, 2021. Instead the Unemployment Rate plunged, really to the surprise of many, all the way down to 8. 4 in august. That is the second largest single month decline on record. We have the first. Have both of them. We have the two number one declines. Decline meaning positive, not negative. We are witnessing the fastest labor Market Recovery from an economic crisis in history. World history. By contrast, biden presided ov ....
Moreyou have got one georgia seat with im having a pres. Trump labor day. That was a very special time i had speaking to some of the labor union heads and other people. They are very happy with the way things are going, as you have probably seen the numbers are terrific. So we called some people, wished him a very happy labor day. They told us how they are doing and we celebrate the American Worker. We are in the midst of the fastest economic recovery in u. S. History. So we have a lot to be thankful for, including this beautiful day. I thought we would do this outside as opposed to in your more normal place. The United States experienced the smallest contraction of any major western nation. You probably know that. You look around and see how we are doing compared to every our rise is and spectacular. We are rebounding much more quickly from the pandemic. The economy added 1. ....