Here is a chart that puts the recovery in proper perspective

The economy has added 12.1 million jobs since the April lows.

However, jobs remain 10.1 million jobs below the February 2020 peak. Millions of those jobs will not return. pic.twitter.com/I8HVdi8pzg

— Mike "Mish" Shedlock (@MishGEA) November 6, 2020