The good news is that nearly 11 million of those people have been hired back.
The bad news is that we're now entering the normal phase of a recession: the "I guess business is not picking back up to normal levels so we're going to have to lay off more people now" phase. Without fiscal stimulus, the economy will destroy millions more jobs before year end, this on top of the 13 million people already unemployed.
A layoff of 2 months is frightening; a layoff of a year or more is devastating.
This testimony from the University of Michigan's Betsey Stevenson is really illuminating about the stakes for policy over the next few months.
"We cannot afford for you to ignore the needs of our children. If the needs of children—from hunger, to care, to education—are not the most important priority in your next bill then I would urge you to reexamine your priorities."Her full testimony is here: