The Trump administration is relying on a new jobs report to boost the economy.
The Labor Department released its second-quarter employment report on Wednesday, showing the nation added just under 9 million jobs in July.
That’s up from 8.4 million in June.
The unemployment rate, which is calculated using the 10-year average, fell to 4.1 percent, the lowest level since the recession ended.
But the rate remains above 4 percent for more than two decades.
That is despite the fact that nearly 7 million Americans lost their jobs in the month.
That is a big drop from the previous month’s 7.1 million.
In a statement, the White House said the jobs report was « a major milestone for the economy, » but noted that the U.S. is still far from full employment.
The administration also noted that while the unemployment is still high, it is also falling below the peak of its peak in 2009, when the unemployment was over 10 percent.
And it added that the unemployment will continue to fall in coming months as employers adjust to a new workforce.
The U.N. said Thursday that its highest unemployment rate since the end of World War II is now at 5.3 percent.
The U.K.’s rate is at 5 percent.