Grim global economy deepens as unemployment soars
The world faces historic economic pain with 30.3 million U.S. jobless claims in six weeks and Euro area contraction of 3.8 percent in Q1. Analysts warn the real toll may be higher due to undercounting and lockdown lag. Stocks drop while Amazon reports rising sales but falling profits. American Airlines posts a $2.2 billion quarterly loss as the pandemic devastates demand. Over 230,000 deaths and 3.2 million infections reported globally, with true figures likely higher.
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United States
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Johns Hopkins University
Ohio to gradually reopen economy starting today
Ohio Governor Mike DeWine outlined a phased plan to restart the economy with nonessential health care, construction, manufacturing, and offices reopening this week. retail and service firms including bars and restaurants may reopen May 12. Affected workers like Phillip Skunza face partial unemployment benefits and rent concerns as economists warn recovery will be slow and dependent on stay-at-home rules and future uncertainty.
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Ohio
Mike DeWine
Phillip Skunza
Columbus
DeWine
Skunza
Sucharita Ghosh
University of Akron
Ghosh
Ohio prison COVID-19 toll grows with 29 inmate deaths
At a news conference DEWINE and Annette Cham bers-Smith discussed the virus response in Ohio correctional facilities. Ohio reports 18,027 confirmed and probable COVID-19 cases with 975 deaths, 3,533 hospitalizations including 1,035 in ICUs. Of the cases, 3,890 involve inmates and 419 involve prison workers. 29 inmates and two workers have died.
MENTIONED IN THIS ARTICLE
Annette Chambers-Smith
Ohio Department of Rehabilitation and Correction
Ohio
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