But not over yet, when businesses get back up and running and there calls / sales drop massively because the people they deal with have gone under or just reduced capacity, then they'll lay more off.
Then those businesses will fail, which will cause a domino effect then more will fail, so on and so forth.
Add in low spending because so many unemployeed into the factor aswell.
Patience, it'll get to 30% have no fear
Not that the snowflakes will care, there only worried about not dying even if there not even in a risk group at all.