Is timely. Just past the 1 million mark in terms of the number of claims just since march 13. 1 million californians have now claimed the need to get unemployment insurance. This cannot happen soon enough. Is millions file for unemployment there are some who dont know if they qualify for the governments help. Julie spoke to several self employed californians about the confusion. Reporter you may have seen these means joking about how look without the here in their salons. We spoke with some of the more than half 1 million californians in the cosmetology industry who are desperate for answers and for help. A lot of folks are saying they have to keep on working to survive. What is your reaction . Understandable. Most of our girls are at home. Thei families. While these women are abiding by the state home altar. Youre talking about bailouts for huge corporations. Selfemployed people. Reporter unlike regular employees who can file for unemployment. Independent contractors often pay higher
Good evening. This is the second officer within that department to test positive. 25 other officers are under self quarantine in connection with both cases. No word on where the second officer was stationed. The first confirmed case with an officer working out of the hall of justice. It is taking measures to sanitize any exposed workspaces. Two hours ago San Francisco laguna honda hospital went into full lockdown after five Staff Members tested positive for coronavirus. They include four nurses and one worker in the Environmental Services unit. The majority of the residents in that facility are over 65 years old with Serious Health conditions. And will no longer be able to reenter the hospital. This is clearly a population we know is in an extremely high risk if they get infected with the virus. The Nursing Homes in seattle and here in california. This is a population we really need to work hard to protect. So far no patients have tested positive for covid19. Tonight at the governor sa
A far better measure is the ten Million People who filed for jobless benefits in the last two weeks. Fed governor lockhart just told maria the jobless rate is already more like 10 . Clearly, we are in an employment crisis, and another report that comes up at 10 00 eastern will likely show the Services Sector in collapse. Thats a strong word to use but its accurate. Later this hour, we are going to talk to larry kudlow, the president s chief economic adviser. I will ask him how bad is it and he will spell it out. Look, with nearly 300 million americans under a stayathome order, the economy is shut down. Morgan stanley says that between now and june, the economy will shrink by 38 . That would be a depression, the likes of which we have not seen before. Travel, shut down. At the airport tsa checkpoints, they are processing two million fewer passengers every day. Thats down 93 from a year ago. Those flights that do take off, virtually empty. Public transit ridership, down 75 . Commuters ju
Most confirmed cases of coronavirus around the world major developments giving investors something to be hopeful about. We need it well have more on that in just a moment i wouldnt mind seeing some w who der hors doeuvres behind you. Its cozy and homy i feel better already. Well have happy hour on friday. Crude oil crashing below 20 here its a problem for the energy complex. Overall its a bit more advancing stocks and declining stocks were not far from the highs today. This time exactly last week we were 34 off the historic highs. We hit february 19th that was the bot too mantom. A lot of people thought it was the bottom and we got smacked in face or prid we have seen lower volume on the day. Weintraday ranges. The vix has dropped below 60 im not saying its over im saying the market is acting a little calmer today than recently great news from abbott about a potential 15 minute test exxon is flattish today. Boeing, i cant describe it. It was 97 at the end of the week now its 140 it has
Leader Mitch Mcconnell is expected some time today and treasury secretary Steve Mnuchin says the president will absolutely sign this deal. Abc news, washington. Now to an update on the growing number of coronavirus cases in the bay area. The number of total confirmed cases has now topped 1,000. Santa clara continues to get hit hard. It reported 16 deaths and 375 cases which is more than double san mateo counties which is 161. Alameda county reported a second death today. And 135 confirmd cases. Contra costa county reports 186 cases San Francisco has its first death, the man is in his 40 and he had significant Underlying Health conditions. 152 confirmed cases in coronavirus in San Francisco. Two confired cases of coronavirus in mendicino county. Lake county still reporting no cases. Stanford University Officials say they are aware of 24 people connected with the university who tested positive for covid19. One is a student now on campus and the other are either faculty, staff, students r