I was scrolling through the news and suddenly read that the number (claims) of jobless people in US had crossed 1.1 million, and in my personal opinion this is bad news for the US economy which is already struggling to bounce back from Covid19 effects.
Furthermore the Democrats have continued to blame Trump for the economic mess that US is currently facing, but the voters yet believe in his ability to stabilise the economy.
What do you’ll think is it right to say that the US V shaped economy won’t recover this year, or it’s only matter of few months before it recovers?.
While polls suggest that voter approval of his handling of the economy remains relatively strong, Democrats are blaming him for the crisis.
Source:
https://www.bbc.com/news/business-53852315?intlink_from_url=https://www.bbc.com/news/topics/c1038wnxypvt/us-economy&link_location=live-reporting-storyThe opposition would continually blame the party in power no matter how well he has done. It's one of their cardinal duty as an opposition party because that is a key component of them ensuring that the ruling is kept on their toes and also to market themselves for the next election. So their own opinion at this point is more political than reality.
A million unemployment rate is massive forms country like the US but in the real sense it's still doing way better than most countries across the world battling with the menace of Coronavirus and the economy is not expected to be in full gear just yet.