It’s gone from bad to worse for American workers, as the United States struggles to contain the coronavirus.
New jobless figures show a record 6.6 million workers applied for unemployment benefits last week and it’s estimated by the end of April, 20 million jobs will be lost.
Europe remains one of the hardest hit regions. The death toll in Spain passed 10,000 on Thursday, with the country reporting its highest number of deaths in a single day.
The United States leads the world in total cases, and federal stockpiles of medical supplies are said to be dangerously low.
CGTN’s Giles Gibson has this report.
To discuss:
- Qinduo Xu is a senior fellow with the Pangoal Institution and the host of CGTN’s Dialogue Weekend.
- Eric George is a physician treating COVID-19 patients at Omega Hospital.
- Mary Lovely is a senior fellow at the Peterson Institute of International Economics and professor of economics at Syracuse University.
For more:
WH trade adviser Peter Navarro says US is "dangerously overdependent on a global supply chain" for medicines, medical supplies, and medical equipment, suggests deregulation following coronavirus pandemic to facilitate domestic manufacturing. pic.twitter.com/x6Q7uDqytg
— NBC News (@NBCNews) April 2, 2020
From Breakingviews: What will change after the coronavirus passes? @rob1cox discusses the impact on industries, the role of governments and the way humans interact pic.twitter.com/iFlNxUODzH
— Reuters (@Reuters) April 2, 2020