President Donald Trump announced on X on September 4 that the U.S. economy added 162,000 jobs in August, a figure nearly triple the predictions of Bloomberg survey economists. Trump made the statement ahead of Labor Day, attributing the strong numbers to his policies.
"This strong number is nearly TRIPLE the predictions of the Bloomberg survey's so-called 'Economists,' who continue to suffer from Trump Derangement Syndrome."
Trump said his administration's fair trade policies, including the use of tariffs, have reset the global economy and brought manufacturing jobs back to America like never before. He noted that factory construction is booming as companies take advantage of full expensing—a one-year deduction. Trump predicted these factories would soon be filled with "red, white, and blue-blooded American workers."
The statement comes during the Labor Day weekend, with Trump using it to underscore his support for American workers. Notably, he spoke using his current position as President, not as a former president.