Visual Capitalist April 17, 2020
Jeff Desjardins

These Charts Put the Historic U.S. Job Losses in Perspective

When recessions hit, it’s not unusual to see millions of jobs lost.

Such episodes are a regular part of the business cycle and when they occur, most businesses do their best to tough things out. Then, as time progresses, it gradually becomes clear that spending must be curtailed, budget cuts must be made, and workers must unfortunately be sent home.

This economic process normally takes months, or even years, to unwind.

But, the COVID-19 pandemic has thrown a wrench into the economic status quo, creating a situation that is incomparable to any previous downturn. Instead of a gradual economic transition to slower growth prospects, business operations have suddenly screeched...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Govt Agencies, Patient / Consumer, Trends
Tenet Healthcare closes $975M sale of 4 hospitals to UCI Health
Chronic care access limits diagnosis & quality for women
5 most expensive, most affordable states for healthcare
HIMSS24 Why Mass General Brigham Wants to Move 10% of Patient Care to the Home
Hospitals' cash position weakens

Share This Article