(CNN) President Donald Trump took a victory lap on news of a 13.3% US unemployment rate Friday, beginning what he had billed as Rose Garden news conference -- though he didn't take questions -- with tangent-filled remarks on the economy and taking credit for lower unemployment numbers. Trump called the jobs report "an affirmation of all the work we've been doing" over the course of his administration and said earlier predictions were "the greatest miscalculation in the history of business shows." The US economy added 2.5 million jobs in May, after 20.7 million positions vanished in April. The good news in the jobs report comes as the nation faces social unrest during economic and health crises. In one sign of systemic inequality, black unemployment, at 16.8%, remains significantly higher than white unemployment, at 12.4%.

Source: CNN June 05, 2020 13:39 UTC