In effect, job loss is approaching a vertical asymptote.  If presented in percentage form, as suggested by MT, I wonder how it would compare to The Great Depression? (1929-1939?)

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

a real charmer.  And, it jives with common sense.  Everyone (i.e. businesses) is hunkering down in order to survive.  You don't want to be one of the multitude who will run out of funds, and then what?  And so the screw continues to turn, deeper and deeper.  When will it stop?  When the only businesses left generate necessities ... food, fuel (to stay warm), etc.  All the other crap of our "advanced society" ... all the electronic toys, clothes, new cars, etc.  You can live without them.  And probably will for a good long time the way things are going.

Now where's the fun in that! - Megatron

... it'd look more like that.

In reality, the steepest post-war recession in the US was the immediate Post-War recession, which is masked by the use of numbers of jobs lost rather than jobs as a percentage of the population ... but while that was quite steep, it was also met with prompt and strong post-war economic reconstruction policies, so the recovery was also quick.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.