We thought the Great Recession was bad… until we got COVID19:
The most intensive, in terms of unemployment claims, six months of the Great Recession peaked in new unemployment claims in the week of May 16, 2009 when cumulative 6 months worth of new unemployment claims filings reached – until then unprecedented – 16,815,050. At the end of the week of May 02, 2020, the same number stood at 35,569,978 or more than double the prior historical peak.
