During the heat of the Coronavirus pandemic, the United States economy suffered. In April of 2020, the national unemployment rates skyrocketed to 14.7%, totalling over 20 million jobs lost. This daunting statistic had not been seen since the Great Depression. While the majority of Americans found themselves in debt, unable to pay rent, and left in uncertainty about whether they have enough money to buy essentials, the stock market flourished. At the end of 2020, even though the Coronavirus pandemic was still prevalent, the stock market averaged a 65% rise since its bottom in March and finished 14% higher since…


During the heat of the devastating Coronavirus pandemic, America’s economy was at its worst state since the 1930s. The national unemployment rates skyrocketed to highs of 14.7%, which accumulated over 20 million jobs lost. A statistic this scary had not been seen since the Great Depression. While the majority of Americans found themselves in debt, unable to pay rent, and left in uncertainty about whether they have enough money to buy food and water, the stock market flourished. At the end of the depressing year of 2020, even though the Coronavirus pandemic was still prevalent and continuing to ravage American…

Jonathon Kim

I am a current undergraduate studying economics and statistics at Swarthmore College.

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