March 29, 2024

Hoyer on Economy: ‘Still a Long Way From a Full Recovery’

Economy

The June 2020 jobs report reveals the number of jobs in the US rose by 4.8M and the unemployment rate decreased to 11.1%. “Having recovered one-third of jobs lost to this crisis is good news; but the reality that two-thirds of Americans who lost their jobs are still out of work is a sobering reality. … we are still a long way from a full recovery,” said Rep. Steny H. Hoyer.