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He said smart analysts were proven wrong about their unemployment predictions.

“I think it was one of the greatest miscalculations in the history of business shows, business shows talking about Wall Street,” he said.

\"It will all work out,\" Trump said, later adding, \"the best numbers are yet to come.\"

Earlier, he tweeted, \"Really Big Jobs Report. Great going President Trump (kidding but true)!\"

Really Big Jobs Report. Great going President Trump (kidding but true)!

— Donald J. Trump (@realDonaldTrump) June 5, 2020
\"PHOTO:
Mandel Ngan/AFP via Getty Images
PHOTO: President Donald Trump holds a press conference in the Rose Garden of the White House in Washington, on June 5, 2020.
>

In doing so, Trump broke a federal rule prohibiting the executive branch from commenting on the jobs report within an hour of its release, instead tweeting within minutes of its release, at 8:33 a.m. ET, in order to take credit.

April's unemployment rate had hit 14.7 percent.

White House economic adviser Kevin Hassett had warned that the unemployment rate could hit near 20 percent in May or June -- a level not seen since the Great Depression

\"PHOTO:
Kevin Lamarque/Reuters
PHOTO: President Donald Trump talks about a U.S. jobs report amid the coronavirus disease (COVID-19) pandemic as he addresses a news conference as Vice President Mike Pence listens in the Rose Garden at the White House in Washington, June 5, 2020.
>

In May, 2.5 million jobs were added, according to the Bureau of Labor Statistics, appearing to add momentum to Trump's strategy of reopening the economy -- a key to his reelection hopes -- after much of it was shut down amid the pandemic.

Congressional Democrats have been pushing an addition $3 trillion stimulus package and additional unemployment insurance, and Senate Minority Leader Chuck Schumer said after the numbers came out that it was not a time to be \"joyous,\" saying on MSNBC that without more aid from Washington gains could quickly \"evaporate.\"

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