Economy Unexpectedly Adds 2.5 Million Jobs In May

The US economy added 2.5 million jobs, reducing the unemployment rate from 14.7% to 13.3%. The Labor Department attributes this to the reopening of the economy, with significant employment growth in leisure, hospitality, construction, education, health services, and retail. President Trump highlighted the economic recovery, while Joe Biden criticized the premature celebration, noting ongoing challenges. Despite improvements, the economy has a long way to go to return to pre-pandemic levels.

What was the unexpected positive change in the US economy according to the report?

• A decrease in the unemployment rate to 10%

• An addition of 2.5 million jobs

• A rise in the stock market by 5%

• A reduction in national debt

Which sectors saw a significant rise in employment due to the reopening of the economy?

• Technology and finance

• Transportation and logistics

• Leisure, hospitality, and retail trade

• Agriculture and mining

How did President Trump describe the state of the US economy during the pandemic?

• As the weakest in history

• As the greatest economy in the world

• As struggling but improving

• As unaffected by the pandemic

What was Joe Biden's reaction to President Trump's comments on the economy?

• He was disturbed by the President's optimism

• He praised the President's efforts

• He agreed with the President's assessment

• He remained neutral on the issue

According to Joe Biden, what is the current state of the US economy?

• It has fully recovered

• It is on the brink of collapse

• It still has a long way to go

• It is better than ever