New numbers from the Labor Department Friday show the U.S economy rebounded last month as businesses began to reopen from the coronavirus lockdown. U.S. employers added 2.5 million jobs in May and the unemployment rate fell to 13.3%.
President Trump held a press conference at the White House Friday morning.
"We're going to be back, we're reopening the country," Trump said. "If you look at Georgia, Florida, South Carolina, so many different places that have opened up, the ones who are most energetic about opening, they're doing tremendous business. And that is what these numbers are all about."
As NPR's Scott Horsley reports, stock indexes opened sharply higher after the jobs report was released.
The Dow Jones Industrial Average was up 715 points or 2.7%, and the S&P 500 was also up 2%.
According to the Associated Press, the job market is in such a deep hole that it could take years to dig out.
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