The problem may be a bit more difficult than it seems, however. The US Department of Labor follows a weekly measure of unemployment called the Insured Unemployment Rate. In the past decade, this number has run at about 3 times the standard unemployment rate. The jump last week from 1.2% to 11% should be alarming, as seen in the graphic below.
State governments are closing businesses arbitrarily, with no guaranteed date for re-opening. These businesses employ tens of millions of Americans, run on a thin margin, and are weeks away from being unable to pay their own bills.
An esthetician's business was shut down by a wise governor: www.breitbart.com/politics/2020/04/20/pennsylvania-nonessential-worker-blasts-gov-tom-wolf-why-dont-you-stop-getting-paid/
A consignment store owner had to lay off her employees, while big-box stores are still permitted to sell clothing, as directed by the same wise governor: www.breitbart.com/politics/2020/04/20/pa-consignment-store-owner-how-can-walmart-target-still-sell-kids-clothes-i-cant/
A farmer had 61 thousand chickens euthanized, at a time when our supermarket has very few eggs on the shelf: www.startribune.com/egg-demand-shifted-and-61-000-minnesota-chickens-were-euthanized/569817312/
Why has this been done? To save lives? So far, projections show that American deaths from Wuhan coronavirus will be approximately as many as the high end of flu seasons. Indeed, we may well be on the road to herd immunity. Several recent studies have found the prevalence of Wuhan coronavirus antibodies in the population to be dozens of times higher than the number of confirmed cases. But the Congressional Budget Office is forecasting a contraction of 40% in GDP, a return to the 1930s, if we continue the lockdowns.
The following graphic shows the per capita death rate from Wuhan coronavirus in America to be running substantially less than that in Europe.
Social distancing, face masks, washing: yes!
Stay-at-home orders, business closures: no!