Originally Posted by
My bag will fit
Isn’t unemployment skyrocketing because people are being furloughed from their jobs due to the whole country being shutdown? So the second the country is back open, they go back to work.
Not necessarily. It takes only an hour or so to lay someone off, maybe less, depending on the paperwork. It takes a lot longer to advertise an open position, interview potential candidates, then select and hire one. Several days in the case of unskilled labor with people who are unemployed and available immediately, and several months or more in the case of filling skilled labor roles. Things always unwind faster than they can be wound back up.