Roughly 11 million people are unemployed in the USofA, and there is every reason to believe that this will increase. Every month another 600k or so workers file for unemployment insurance. This figure doesn’t include those who do not have a full 40 hours of work each week but would like to – add them in, and the number might be twice as high. If this grows substantially, any discussion regarding this as a recession or depression will be academic. Stopping the job loss is likely to become the highest priority soon.