That's just an estimate. From your link: >Be warned, these numbers yield an imprecise estimate of today’s unemployment rate, and the truth could easily be quit

That's just an estimate. From your link: >Be warned, these numbers yield an imprecise estimate of today’s unemployment rate, and the truth could easily be quite a lot higher or lower. This is not an estimate of the official unemployment rate for March, which reports the state of the economy a few weeks ago when the labor market was in better shape, nor is it a forecast for the official rate in April. I don't find it useful to implicitly embed a financial forecasting model in the use of the term "depression".