
Your Daily Roundup for May 7th
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Good morning. As the COVID-19 pandemic takes a toll on the U.S. economy, our team at Future Majority is tracking the latest updates:
3.2 Million more Americans filed for unemployment benefits last week:
More than 3 million Americans were newly out of a job last week, bringing the total to over 33 million Americans who have become unemployed. It’s a staggering reality that has meant in some states 25% or more of the workforce is out of work.
As states reopen their economies, many do not meet the criteria to do so:
The federal government put out guidelines for states to meet to reopen businesses and their economies.
In more than half of the states that are reopening or planning to reopen in the near future, they have fallen short of criteria to safely reopen, including an uptick in new cases and percentage of tests coming back positive.
Americans are concerned about reopening the economy too soon:
A new CNBC poll shows that a plurality of Americans are very seriously concerned about reopening the economy too soon:
- Very serious concerns: 48%
- Somewhat serious concerns: 15%
- Minor concerns: 15%
- No concerns at all: 22%
Despite the crumbling economy, a new Politico/Morning Consult poll finds that voters still believe Trump has an advantage over Biden in handling the economy:
- Trump: 46%
- Biden: 37%
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