I'd guess that for the vast majority of unemployed folks, their unemployment benefit will match or exceed their usual pay, thanks to that Federal $600/week bonus.
I mean, $2400/mo + your normal UE benefit is a decent amount of money. My family of 5 could live on that if needed, and we have a $2000 mortgage to pay.
Michael's point is a good one, too. Almost none of the folks losing jobs have any meaningful equity exposure. They're not swimming at all, for better or worse, so the tide going out has zero effect.
-W