Trump campaign mocks 'doomsday economists,' which would seemingly include Trump's own advisers


After Friday's unexpectedly positive May jobs report, President Trump's campaign is mocking the "doomsday economists" whose predictions didn't pan out — despite that group including Trump's economic advisers.
The Trump campaign put out a statement on Friday celebrating the report from the Labor Department showing the unemployment rate declined to 13.3 percent and the economy added 2.5 million jobs, a shocking result when economists forecasted the unemployment rate would rise to almost 20 percent with more than eight million jobs lost.
"Doomsday economists had predicted a loss of 8.5 million jobs in May, but the economy roared back and added 2.5 million jobs instead, thanks to President Trump's leadership and the solid foundation his policies have laid," a statement from campaign manager Brad Parscale said.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Trump also called out the inaccurate predictions in a Rose Garden press conference celebrating the numbers, describing what he called the "greatest miscalculation in the history of business shows."
But Kevin Hassett, White House economic adviser, was forecasting a grim May jobs report too, having suggested that the unemployment rate would soar to 20 percent or more. In an interview with CNN less than two weeks ago, he said he expected the unemployment rate to be "quite a bit higher" in May than in April, possibly "north of 20 percent."
Additionally, White House economic adviser Larry Kudlow warned last month after April's report that "the numbers for May are going to be also very difficult numbers," predicting that the economy starting to reopen wouldn't have an effect for "a while."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
DHS chief Kristi Noem's purse stolen from eatery
Speed Read Homeland Security Secretary Kristi Noem's purse was stolen while she dined with family at a restaurant in Washington, D.C.
By Peter Weber, The Week US
-
Trump stands by Hegseth amid ouster reports
Speed Read The president dismissed reports that he was on the verge of firing Defense Secretary Pete Hegseth over a second national security breach
By Rafi Schwartz, The Week US
-
Hegseth reportedly shared war plans in 2nd group text
Speed Read The defense secretary sent information about an attack in Yemen to a Signal group chat that included his wife and brother
By Peter Weber, The Week US
-
Judge threatens Trump team with criminal contempt
Speed Read James Boasberg attempts to hold the White House accountable for disregarding court orders over El Salvador deportation flights
By Rafi Schwartz, The Week US
-
Biden slams Trump's Social Security cuts
Speed Read In his first major public address since leaving office, Biden criticized the Trump administration's 'damage' and 'destruction'
By Peter Weber, The Week US
-
El Salvador refuses to return US deportee
Speed Read President Nayib Bukele of El Salvador said he would not send back the unlawfully deported Kilmar Ábrego García
By Peter Weber, The Week US
-
Trump says electronics tariff break won't last
Speed Read The tariff exemptions on smartphones, laptops and other electronic devices are temporary, the administration says
By Peter Weber, The Week US
-
Man charged in arson attack on Pennsylvania's Shapiro
Speed Read Governor Josh Shapiro and his family were sleeping when someone set fire to his Harrisburg mansion
By Peter Weber, The Week US