Economy. The latest numbers. Nearly 55 thousand confirmed corona coronavirus cases right now in california. More than 2200 people have died. Right here in the bay area there are nearly 8600 cases in 309 people have died. Down south in Los Angeles County the number of cases has now surpassed 25 thousand. As soon as the governors News Conference gets underway, we will take you there live. Today is the first day of relaxed stay at home conditions. Outdoor businesses are now back open. Outdoor activities including golf and skateboarding are allowed as long as collagen is followed. Construction workers and real a state agents can get back to work with social distancing at the new health guidelines. We are excited to see our new members get back to work. But more to support the critical and essential infrastructure that needs to continue. Officials warn the old rules could be put back into place if there is an uptick in new hospitalizations. Potential home buyers can go into houses occupied
Front. Showing millions of jobs lost. Well see more with the jobless claim number and tomorrow with the number from the government dow looks to be up 260 s p up by 34 and nasdaq up by 118. We are getting competing views jobless numbers we know are bad. Then you see oil prices that tell you where things may be headed prices may be up again gain of 7. 3 this shows you maybe things are starting to pick up around the globe. Maybe that demand is coming back that may be something to hang your hat on. Andrew thank you we have a huge lineup of guests. Secretary of state mike pompeo will join us to discuss relations with china former ceo of Goldman Sachs about the outlook of the economy and the ceo of paypal and also talking to the ceo of hilton and aflac ceo will join us and our media guru from lion tree hard to think we are going to pack it all in in three tiny hours. That means no screwing around at all today is what i think go for it then. Three hours time for everything. With err going to
Very important moment. Its right to pause and reflect and thank each and every one of are suffered. The need to do everything in our power to make sure that their immediate needs are attended to and that we move aggressively but thoughtfully and tray teenically with a health first mindset to reopening the economy in the peril of Economic Conditions. I want to begin not only to acknowledge those workers but to just remind you a bit about what weve been doing as both essential workers and those that have been displaced, we talked yesterday about a new portal for child care but again, you cant talk about the work force, those needs of essential workers, and those that are searching for Job Opportunities displaced talking about the need and caring for their children. Some 20,000 vouchers have been set aside in our efforts to address the child care needs, thousands and thousands of critical front line employees. Over 28,000 slots that are available today and if you go to that site covid19.
Can get back to work. Is what is this means now for our city is incredible. Because were talking about many of those Small Businesses in various neighborhoods where you see many of those shops that are closed, they will be able to open for pickup and for curb side pickup and delivery. Warehouses and manufacturing facility also be allowed to reopen, as well. But all are required to limit employees in the building and everyone must wear a mask. 15 counties in california will be allowed to more fully reopen because they have met the states conditions in terms of testing and a decline in testing. That means they can do everything under phase two. Reopening clothing stores, bookstores, Sporting Good stores, offices, restaurants with seated dining and shopping malls. California is trying to avoid another crisis, even as it manages the covid pandemic. Were talking wildfires. The state has already seen a jump in fires compared to the same time last year. Today, the governor and cal fire made i
Happy saturday. I know it is saturday. I dont wear a tie on saturday. That is how i can tell it is saturday. Often, what do you think about our situation . And i say, i think about what i know. What does that mean . Good question. York, what weew have been doing is we follow the facts, we follow the data, we follow the science. We focus on what we know and the fact that we know, and we make our decisions based on the facts. Every morning, we look at the facts. The facts of the day are that the hospitalization rate dropped once again, which is very good news. The total hospitalization rate has dropped. The intubation rate has dropped. The number of new cases per day has dropped down to 572. Those are new cases, people who walk in the door of a hospital or people who are in the hospital and test positive. That is down to 572. It has not been that level since we started back march 21. That is welcome news. News, andt welcome this has been heartbreaking every day. Deaths, 226 families. And