I was interested to see how bad historically this was .. so I looked at the data since I was born: expressed as percentage of total workforce, this loss of jobs ranks 5th after Nov & Dec 1974, Feb 1975 (when we lost over 1.5M jobs in 4 months) and May 1980. In all, from the data BLS publishes (from 1948), it is not even in the top 30.
Serious stuff (2nd worst since Reagan era began) … but definitely not unprecedented even in my life time.
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