Here are some significant developments:
- China said its economic output fell by an annualized 6.8 percent in the first quarter. That drop marks the first contraction since the country began releasing figures in 1992, showing the devastating economic effects of the pandemic.
- Glitches are preventing millions of Americans from receiving their stimulus payments on time. Meanwhile, a new lending program for small businesses has stopped accepting claims because it is out of money.
- Draft guidance on reopening from the CDC and FEMA were detailed about things like day cares, churches and workplaces with vulnerable employees, but those specifics did not make it into the White House guidance. At the Thursday White House briefing, Trump said some states would be able to take the first steps to reopen “tomorrow.”
- The U.S. labor market is tumbling closer to Depression levels, with an additional 5.2 million people filing for unemployment benefits last week. A staggering 22 million Americans have filed jobless claims over the past month.
- Thousands of complaints have been filed with the Occupational Safety and Health Administration over coronavirus safety lapses, including a lack of masks and working in close quarters.
- Japan expanded its state of emergency to cover all 47 prefectures as infections spread.
- British Foreign Secretary Dominic Raab announced that his country’s lockdown would be extended for at least three more weeks. And Italy’s Civil Protection Agency announced 525 deaths, increasing the death toll in the country to 22,170.