Those are possible factors. But much of the unemployment won't be temporary; the JobKeeper programme and other things like the $250k government-backed loans (which everyone seems to have forgotten about, but presumably will be remembered later in the year) will mitigate business collapses, but won't entirely prevent them.
And as I've said, in previous recessions people still had friends, family and their community to fall back on for psychological support; but this is greatly reduced now.
Reducing the risks is,
- not being as broke as normally found with unemployment
- the job loss being very clearly not the person's own fault, and
- with half the population in the same boat, the traditional "dole bludger" social stigma is absent
increasing the risks is,
- social isolation, and
- the obviously long time it'll take to pull out of this
I believe it'll come out roughly even in Australia. In other countries with less effective social safety nets, or more corrupted business bailouts, or less economic impact, or less restrictions, things may be different.
Of note: the 100,000 tests they wanted have been achieved, and have discovered 7 or 8 asymptomatic cases here in Vic. The other new cases are mostly connected to a cluster where the govt knew of the first case April 2nd, but did nothing, and there are some others where the person presented with symptoms.
As I said more than a month ago, the supposed hordes of asymptomatic contagious people simply don't exist in Australia.