The actual rate of unemployment will be a lot higher than predicted, the same as the quoted rate now is not the actual rate. The actual rate will be closer to 30%. With causal jobs now being the norm and either under employment (If you work 1 hour a week you are considered employed) or working 60 hours a week and only being paid for 40 is standard practice, this will only get worse when jobs are harder to get. Before virus unpaid overtime was standard practice with most work, when work does resume you there will be a big hit in wages and conditions.