Over the past five weeks, more than 26 million Americans have filed unemployment insurance claims.
As quoted in the article:
“At this point it would take a miracle to keep this recession from turning into the Great Depression II,” MUFG economist Chris Rupkey said in an email. “It is going to take years not months to put these pandemic jobless workers back to work at the shops and malls and factories and restaurants across the country ... jobless claims are warning that the worst isn't over yet for the American economy with businesses and consumers alike being sucked down into the abyss of the pandemic recession.”
Takeaway: We need to get this economy back open as soon as possible to start limiting the damage.

