Something to keep in mind as joblessness surges, as we debate how aggressively the U.S. should try to get companies to maintain payrolls:

People are incredibly resilient to negative life events, like widowhood. But they are uniquely "un-resilient" to long-term unemployment. pic.twitter.com/FpF3hF1kpO

— Derek Thompson (@DKThomp) April 5, 2020

This is why I say 20-40 million excess deaths in 2-7 years if we don’t make fixing unemployment a huge priority. This is a known extremely negative life event that causes enormous identity crises even apart from poverty and the like.