The Historic Loss of Job in the US #Infographic

The Historic Loss of Job in the US #Infographic

This is not unusual to see millions of jobs lost as recessions arise. Such incidents are a routine part of the business process and most businesses do their best to make things complicated as they occur. Then, as time goes on, it becomes slowly apparent that expenditure needs to be reduced, budget cuts need to be made and staff need to be sent home, sadly.

This economic cycle usually takes months or even years to unwind.3
But the COVID-19 pandemic has thrown a wrench into the economic status quo, generating from every previous downturn an incomparable situation. Instead of a gradual economic shift to slower growth conditions, market operations shrieked suddenly to a halt, without a reasonable window to resume.

The Historic Loss of Job in the US #Infographic


infographic by: www.visualcapitalist.com

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