He was saying this during the 2008-2010 economic crisis, when unemployment was very high, for context. Although it's still not great, and a majority of the jobs created since then are part-time and low-pay.

The 2008 crisis was caused by bankers taking high risks with their investments, and mortgages especially, and then it all fell apart, and the government bailed out all the banks from their bad decisions. The big banks now just do whatever they want with the expectation that if it fails, the government will keep them from failing. "Too big to fail"

Millions of people lost their real jobs and lots of savings because of these banker shenanigans which ended up creating a financial panic. Those people were not bailed out.