Despite the hectic nature of the news feed these days, the unemployment numbers for the United States got a big boost in the latest examination with the U.S. unemployment rate falling to 13.3 percent in May. This is an indication of significant growth and experts estimating that the American economy gained 2.5 million jobs.

It was the largest monthly gain in new jobs since the Bureau of Labor Statistics started tracking the data series in 1939.

It was welcome news for a country that saw 20.7 million jobs disappear due to the COVID-19 pandemic and the fallout of the virus. The unemployment rate was at 14.7 percent in April.

The labor market rebounded from April’s drastic losses, when a revised 20.7 million jobs vanished. The unemployment rate last month soared to 14.7% as businesses shut during the coronavirus lockdown.

Even with the surprising bit of good news, the job market is still in a deep hole, with nearly 20 million fewer jobs than in February.

A wider measure of unemployment, known as the U6 or underemployment rate remained elevated, at 21.2% in May, showing more than one in five American workers were either unemployed, working part-time “for economic reasons” or had dropped out of the labor force in recent weeks.