Take a look at this graph of us unemployment over time. https://static01.nyt.com/images/2020/04/03/upshot/03up-unemploy-1585858280885/03up-unemploy-15858582808

Take a look at this graph of us unemployment over time. https://static01.nyt.com/images/2020/04/03/upshot/03up-unemploy-1585858280885/03up-unemploy-1585858280885-mediumSquareAt3X.png https://static01.nyt.com/images/2020/04/03/upshot/03up-unemp... Unemployment always goes up quickly, then takes time to go back down. It’s like any other injury; the damage happens fast, healing takes time. Given the damage that has already occurred, and the rate that jobs can be added back to the economy, I’d guess that it will be something like 10 years before unemployment goes back down to pre-corona levels. If it just jumps back as soon as the lockdown is lifted, it will be the first time in history that has ever happened.