***The Iowa Standard is an independent media voice. We rely on grassroots financial supporters to exist. If you appreciate what we do, please consider a one-time sign of support or becoming a monthly supporter (even just $5/month would go a long way in sustaining us!) We also offer advertising options for advocacy groups, events and businesses! If you’ve ever used the phrase “Fake News Media” — this is YOUR chance to do something about it! You can also support us on PayPal at [email protected] or Venmo at Iowa-Standard-2018 or through the mail at: PO Box 112 Sioux Center, IA 51250 Thank you so much for your support and please invite your friends and family to like us on Facebook, sign up for our email newsletter and visit our website!***

It’s official: The U.S. economy added nearly 1.4 million jobs last month, bringing the total to 10.6 million jobs created since May. All told, that accounts for about 50 percent of all jobs lost during the Coronavirus pandemic.

“We’re currently witnessing the fastest labor market recovery from an economic crisis in history—world history,” President Trump said at a Labor Day press conference.

🎬 “We are recovering at a much faster rate than any other nation.”

The unemployment rate fell 1.6 percentage points for Africans Americans, 2.4 percentage points for Hispanic Americans, and 1.3 percentage points for Asian Americans. It also dropped 2.1 percentage points for women and an impressive 2.8 percentage points for Americans without a high-school diploma.

In fact, the improvement in the overall unemployment rate to 8.4 percent surpasses what forecasters expected to see by the end of the year, let alone by the end of August.

As Americans celebrated Labor Day yesterday, President Trump held a news briefing to discuss the country’s path forward. His vision includes an expansion of the popular “Opportunity Zone” tax cuts, which have helped boost growth in low-income areas.

📖 Economy Continues to Rebound As Unemployment Rate Drops

🎬 A fast return to “unprecedented prosperity” with pro-America policies

Author: Press Release