datoid

The unemployment rate spiked to 13.20% in May 2020, representing a 6.0 standard deviation jump above the prior 60-month average of 4.49%. This follows an unprecedented leap from 3.50% in February to 14.80% in April. This extreme deviation coincides with multiple economic anomalies: 10-year Treasury yields rising 10.6% and GDP growing 1.4% over 3 months, suggesting unusual market dynamics during this period. What factors could drive unemployment to such statistical extremes while other indicators show growth?