Earlier in the day, the Labour Department said in its monthly jobs report that the United States gained 4.8 million jobs in June as businesses continued to reopen from lockdowns forced by the coronavirus pandemic, with the unemployment rate sliding from a historic 14.7 percent two months ago to 11.1 percent.
US President Donald Trump is holding a news briefing Thursday following a monthly jobs report issued by the Labour Department.
While the US economy lost more than 21 million jobs during March and April, at the height of lockdowns caused by COVID-19, it posted a surprising rebound of 2.5 million jobs last month as businesses began to reopen, although a resurgence in coronavirus cases of late could change that trend again in July.
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