KPRC spoke to University of Houston economics professor Dietrich Vollrath about the Trump tariffs.

“Today’s announcement,” President Donald Trump declared Thursday after the report was released, “proves that our economy is roaring back.”Maybe. Even after superb hiring reports for May and June, the economy has regained only about one-third of the 22 million jobs it lost to the pandemic recession, according to Thursday’s jobs report. Here are five major takeaways from a jobs report that was surprisingly robust yet may not fully reflect a fast-evolving employment market. Restaurants, bars, hotels and other leisure and hospitality businesses, hard hit by closures in the spring, added 2.1 million jobs in June. “Job gains in June were broad-based across 75% of the private sector,‘' noted Kathy Bostjancic of Oxford Economics.