It is highly unlikely that this will happen. Temporary layoffs are extremely likely, and extremely good, because they result in high unemployment claims (which the federal gov't is now funding even more), and will mean the businesses survive to rehire them. Nothing fundamental has changed about what people would like to do. These measures are temporary. That's my opinon.
> Nothing fundamental has changed about what people would like to do. These measures are temporary.
My wife's a PhD microbiologist, and works at a $bigPharma, and she's not convinced that we will be back to normal any time soon.
I'm currently in an area where we are essentially in total lockdown. All non-essential shops are shut. Businesses are laying off staff everywhere. Hotels and restaurants are all closed. Borders to neighbouring countries are closed. Schools and kindergartens are closed. Even the local playgrounds are closed and taped up - try explaining that last one to your 4 year-old.
Recovery in six months' time? I'm struggling to see it.
