Trump administration says pandemic aid saved 51 mln jobs. Did it?


US President Donald Trump's administration touted its $660 billion small business pandemic aid programme this week.

WASHINGTON: US President Donald Trump's administration touted its $660 billion small business pandemic aid programme this week as a "wild success," unveiling data that showed the initiative saved 51 million jobs.

But there were red flags throughout the colossal data set that suggested some borrowers overstated how many jobs their loan salvaged. That, combined with several of the named companies disputing that they took a loan after the government showed otherwise, cast doubt on the accuracy of the 51 million figure.

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