WILMINGTON, Del. (NewsNation Now) — Democratic presidential nominee Joe Biden returned to Wilmington, Delaware Friday to deliver remarks on the latest job report released by the U.S. Labor Department and President Trump’s management of coronavirus.
“The painful truth is, we just have a president who just doesn’t see it, he doesn’t feel it, he doesn’t understand, he just doesn’t care. He thinks if the stock market is up, then everything’s fine,” Biden said.
The newest report reveals the U.S. unemployment rate fell sharply in August to 8.4% from 10.2% in July.
Trump and his fellow Republicans highlighted the fall in the unemployment rate in August as a sign that the economy is improving after the shock from coronavirus lockdowns that have devastated small businesses from restaurants to gyms and hair salons.
Trump shared his reaction to the unemployment rate on Twitter. “Great Jobs Numbers!” he posted. “Unemployment Rate Falls To 8.4% (Wow, much better than expected!)”
Biden also said Trump mismanaged the COVID-19 pandemic, and as a result, the country is not where it needs to be.
“I’m grateful for everyone who found work again, but there is real cause for concern as well,” said Biden.
Later Friday, President Donald Trump is scheduled to hold a news conference. The topic of the news conference was not specified. NewsNation will stream it live on NewsNationNow.com.
This is developing story. Check back for updates.
Reuters contributed to this report.