Is it really? I only have two direct data points, but I (government contractor) and my brother (large company) are both still fully employed with no immediate risk of unemployment, reduction in salary, etc.

Just look at the numbers. 20% unemployment, while horrific in both human and economic terms, also implies 80% employment. When nearly everyone in the hospitality industry is out of a job, I have to think that some other industry is doing relatively better or the numbers would be even worse.