Initial research on the world-wide mandatory closures due to COVID-19 shows significant economic loses in U.S. unemployment.
Walmsley, Terrie and Rose, Adam and Wei, Dan, forthcoming. “The Impacts of the Coronavirus on the Economy of the United States”, Economics of Disasters and Climate Change (available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3678835)
Walmsley, Terrie and Rose, Adam and Wei, Dan, 2020. “Impacts on the U.S. Macroeconomy of Mandatory Business Closures in Response to the COVID-19 Pandemic”, Applied Economics Letters (https://www.tandfonline.com/doi/full/10.1080/13504851.2020.1809626)