Why Are The Jobs Running on Isolated Node Failing With "OSError: [Errno 2] No such file or directory" Error In Ansible Tower ?

Issue

If there is are long running jobs it completes successfully on Ansible Tower nodes, but if we run the same jobs on Isolated nodes it fails with the below error :

Traceback (most recent call last):
  File "/usr/bin/ansible-playbook", line 151, in <module>
    display.error("Unexpected Exception, this is probably a bug: %s" % to_text(e), wrap_text=False)
  File "/usr/lib/python3.6/site-packages/ansible_runner/display_callback/display.py", line 41, in wrapper
    return f(*args, **kwargs)
  File "/usr/lib/python3.6/site-packages/ansible/utils/display.py", line 334, in error
    self.display(new_msg, color=C.COLOR_ERROR, stderr=True)
  File "/usr/lib/python3.6/site-packages/ansible_runner/display_callback/display.py", line 89, in wrapper
    event_context.dump_begin(fileobj)
  File "/usr/lib/python3.6/site-packages/ansible_runner/display_callback/events.py", line 196, in dump_begin
    self.cache.set(":1:ev-{}".format(begin_dict['uuid']), begin_dict)
  File "/usr/lib/python3.6/site-packages/ansible_runner/display_callback/events.py", line 68, in set
    os.mkdir(os.path.join(self.private_data_dir, 'job_events'), 0o700)
FileNotFoundError: [Errno 2] No such file or directory: '/tmp/awx_7_eb2s9lqm/artifacts/7/job_events'