NORTH CAROLINA — June's job report showed a net gain of 4.8 million jobs, a record jump for a single month.

According to Labor Department data, nearly all of the 4.8 million people that went back to work were on temporary layoffs and were workers in stores, hotels, and restaurants.

Economists at Moody's said that simultaneously, more than 750,000 people were laid off from jobs that won't be reopening.

June's job report is the second-largest monthly increase in U.S. history, matched only by January 2009, in the middle of The Great Recession.

The unemployment rate will only rise as coronavirus forces more shutdowns.

There are thousands of stores like Pier 1, J.C. Penney, and Tuesday Morning, all preparing to go out of business and holding out of business sales, with all their workers on deck.

Boeing announced plans to cut 16,000 workers, mostly in South Carolina, but they all currently remain employed. 

In June, Moody's estimated another three million state and local government jobs could be at risk over the next six to eight months due to budget cuts and slowing sales tax revenue.