It is the highest unemployment since the Great Depression but the cause of this employment situation is totally different than the 1930s. Many economists are predicting that there will be a quick bounce back once most people return to work.

This situation is dependent on science finding a cure for coronavirus. Despite the opening of businesses many people will not be going out any time soon. Concerts, political rallies, sports events and other large events are not likely to happen for many months.

Meanwhile there are some businesses that are hiring. food and delivery services, security services, and food markets are looking for help. Pizza Hut, 7-Eleven, Papa John’s, GoPuff, FedEx, Dollar General, Dollar Tree, Bytedance, Netflix, General Motors, and Fidelity Investments are in the list of companies that are hiring.

For Donald Trump this will be a very difficult time.  The booming economy was going to be his number one reason for re-election.