Your Daily Roundup for April 23rd
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Good afternoon. As the COVID-19 pandemic takes a toll on the U.S. economy, our team at Future Majority is tracking the latest updates:
4.4 million more Americans filed for unemployment claims:
Another 4.4 million Americans filed for unemployment in the last week, bringing the total since the start of the crisis to 26 million in only five weeks.
The House is set to vote on a $484 billion interim package to revive the small business loan program.
The economic hit from the virus is impacting lower-income Americans more deeply:
43% of U.S. adults report that someone in their household has lost a job or taken a reduction in pay due to the virus, according to a new Pew Research Center survey.
But for lower-income Americans, that number is even higher: 52%.
And according to a new CNBC/Change Research poll, 70% of voters in battleground states rate the U.S. economy as “poor/not so good”, a 5-point increase over about three weeks.
Trump’s approval on the economy remains relatively strong, but not as high as its been:
A new weekly poll from Reuters/Ipsos show that just 50% of Americans approve of Trump’s handling of the U.S. economy:
- Approve: 50%
- Disapprove: 44%
And in a new Economist/YouGov poll, his approval on the economy and jobs fares slightly better among registered voters:
- Approve: 53%
- Disapprove: 42%
For a plurality of Americans, healthcare remains the biggest problem facing the country, followed by the economy generally, and then unemployment/jobs despite the staggering unemployment numbers. This from the Reuters/Ipsos poll.
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