For the people who are employing those being put out of a job, among other things. If businesses suffer greatly or aren't given a parachute there won't be enough opportunities to employ all these new unemployed people now.
Exactly this. There will be a giant flood of new applicants in the work force, but the businesses that shuttered their doors won’t be open to re-hire. They will come back over years, not months.
For the people who are employing those being put out of a job, among other things. If businesses suffer greatly or aren't given a parachute there won't be enough opportunities to employ all these new unemployed people now.
Exactly this. There will be a giant flood of new applicants in the work force, but the businesses that shuttered their doors won’t be open to re-hire. They will come back over years, not months.