New York (CNN Business) President Donald Trump on Thursday pledged to create 10 million jobs in less than a year. "We will create 10 million jobs in the next 10 months," Trump said during his speech at the Republican National Convention Thursday night. Most jobs that will appear over the next year will just replacethosethat were lost before Covid-19 hit the United States. The economy has since added back more than 9 million jobs -- also a record -- and the consensus forecast for next week's August jobs report is for 1.4 million jobs added, according to Refinitiv. "We project 8.3 million jobs [added] in the 10 months starting in August, so the goal is only modestly above our estimate," Mike Englund, chief economist at Action Economics, told CNN.
Source: CNN August 28, 2020 15:32 UTC