ViewpointsOpinionThe Slow, Painful Path to Jobs RecoverySavePrintPeople shop and walk the boardwalk in Wildwood, N.J., on July 3, 2020. Mark Makela/Getty ImagesDaniel Lacalle7/6/2020|Updated: 7/8/2020CommentaryThe United States recovered 4.8 million jobs in June, adding to May’s 2.5 million jobs rebound.Share this articleLeave a commentDaniel LacalleAuthorDaniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”websiteAuthor’s Selected ArticlesCentral Banks Do Not Prevent Financial Crises or Control InflationAug 23, 2025The European Union’s Agreement With the United States Is Positive and RealisticAug 04, 2025The US Dollar Remains the World’s Top Reserve CurrencyJul 21, 2025How Analysts Misjudged the US Economy: Growth, Inflation, and Fiscal Surprises in 2025Jul 14, 2025Related Topicsunemploymenteurozonelockdowneconomic recovery