Put simply, if it were not for accommodative monetary policy, these firms would have otherwise shut down by now. Once again, the Fed is refusing to allow the invisible hand to rein in the excess for fear a liquidity crisis, credit crunch, and worse.
Collecting government data on the total number of cases of COVID-19 has always been a mess. The number is likely far higher than the "official" numbers, and this means government proclamations about fatality rates are little more than bad guesses.
State and local government budgets are in danger of collapsing. This will impel politicians to find ways to end the lockdowns. Politicians may not care whether you have a job. But they care deeply about their government budgets and jobs for their friends.