The institution's also reported that 1.4 million people filed for unemployment last week. This occurred because many businesses that opened in June were forced to close once again due to an increase in coronavirus cases.
Only one-third of the 22 million people who lost their jobs in March and April have returned to work so far, although many businesses were desperate to emerge from the COVID-19 crisis.
The economy has not recovered yet for many U.S. citizens, something that U.S. President Donald Trump does not recognize.
How do you say record setting jobs when unemployment was a record high a couple months ago. Some of us still aren't working. You twist things around to fit your narrative. #YouAreALiarhttps://t.co/m1oZ8tYgQv