The Latest: Trump: Economy 'roaring back' after jobs report
WASHINGTON – President Donald Trump says the positive jobs report Thursday shows the U.S. economy is “roaring back” from the coronavirus.
U.S. employers added a substantial 4.8 million jobs in June and the unemployment rate fell to 11.1% as the job market improved for the second straight month. However, the economy remains far short of regaining the colossal losses it suffered in the spring during the coronavirus outbreak.
Trump says there are still areas where “we’re putting out the flames” of the virus. Many states, especially in the South and West, are experiencing spikes in coronavirus cases and leading some governors to slow the pace of reopening their economies.
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HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:
— A predicted surge in U.S. job growth for June might not last.
— Closing bars to stop coronavirus spread is backed by science.
— Trump says he’ll now wear mask in public, thinks it makes him look like Lone Ranger.
— The coronavirus death toll in Brazil keeps rising and among the dead is a girl named Vitoria Gabrielle from a working class Rio de Janeiro neighborhood.
— Pfizer and its German partner BioNTech are reporting encouraging signs from its very early testing of a possible COVID-19 vaccine. Preliminary results from 45 volunteers showed hoped-for immune reactions in two of the tested doses.
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Follow all of AP’s pandemic coverage at http://apnews.com/VirusOutbreak and https://apnews.com/UnderstandingtheOutbreak
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HERE’S WHAT ELSE IS HAPPENING:
JAKARTA, Indonesia — Indonesia is working on the local development of a COVID-19 vaccine conducted by the National COVID-19 Research and Innovation Consortium of Indonesia’s Ministry of Research and Technology.
The...