Date in year · 2020 · The 2020s
On May 9, 2020, the COVID-19 recession causes the U.S. unemployment rate to hit 14.9 percent, its worst rate since the Great Depression. The year's #1 song was "Blinding Lights" by The Weeknd.
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2020
2020s
Featured · May 9, 2020
The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.
Around 2020
2020 (MMXX) was a leap year starting on Wednesday of the Gregorian calendar, the 2020th year of the Common Era (CE) and Anno Domini (AD) designations, the 20th year of the 3rd millennium and the 21st century, and the 1st year of the 2020s decade.
What happened
Economic downturn, primarily due to the COVID-19 pandemic
The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.
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