We will bring you those numbers as soon as they get the hit. They may very well impact markets. We will look ahead to jobs number coming up. Job losses could hit 47 million and Unemployment Rate could surge to 32 . Jim bullard is here later this morning, more on jobs, action by the Federal Reserve and what if any rebound we can expect from the crisis. Interview coming up at 7 00. President Trump Pushes Congress to pass 2 trilliondollar infrastructure bill now to help boost the economy along the road to recovery. The president says the bill willing very big and bold. Meanwhile this, the death toll in new york city has surpassed 1,000, mayor bill de blasio joining the call for help as more makeshift hospitals are created. This as more states go on lockdown this morning, mornings with maria is live right now. We want to check Global Market s. Dax index in germany lower by 277. Factory activity in italy contracting at the fastest rate in 11 years. 40. 3 and french factory activity calling
They have been working. Before i begin, i want to express our nations well wishes to Prime Minister Boris Johnson as he wages his own personal fight with the virus. All americans are praying for him. Hes a friend of mine. Hes a great gentleman and a great leader. He is, as you know, he was brought to the hospital today. Im hopeful and sure that he is going to be fine. Hes a strong man, a strong person. Today, every patriotic american heart beats in solidarity with the incredible people of new york and new jersey. They have really become a very hot zone. Some very good things are happening. In new york, the first time aware of the deaths were less from the previous day. That is the first drop so far. Maybe that is a good sign. Could be. The hospital levels are starting to perhaps decrease. It has been very short but perhaps decrease. We wish Governor Cuomo and all the people in new york and new jersey, your governor is doing a great job. He is doing a great job in new jersey. They got h
All americans are praying for him. Hes a friend of mine. Hes a great gentleman and a great leader. He is, as you know, he was brought to the hospital today. Im hopeful and sure that he is going to be fine. Hes a strong man, a strong person. Today, every patriotic american heart beats in solidarity with the incredible people of new york and new jersey. They have really become a very hot zone. Some very good things are happening. In new york, the first time aware of the deaths were less from the previous day. That is the first drop so far. Maybe that is a good sign. Could be. The hospital levels are starting to perhaps decrease. It has been very short but perhaps decrease. We wish Governor Cuomo and all the people in new york and new jersey, your governor is doing a great job. He is doing a great job in new jersey. They got hit very hard. I just want to say that the full power of the American Government this isican enterprise, an all military operation but we have waged. And especially o
The magnitude of that payroll number, equity markets are performing reasonably well. We are going into a weekend. Generally that means derisking as well. Let me deal with the middle to. 33. Crude at we have the stoxx 600 reasonably flat right now. We are seeing a bid on the dollar. Going back to your board, so why dont we handed back to you . Vonnie lets get straight to diane swonk, Grant Thornton economist. We saw a massive loss, 7001000 massive loss, 7001000 massive loss, 701,000 people. Diane many of them werent counted yet or able to be included in unemployment actrance until the cares was passed on march 26. That is really important to remember as well. Im choked up about these numbers in a way that i just, knowing how bad they are going to get is really tough. 1. 3 million workers had to accept parttime. , they have those already been laid off. Also important in the number was the survey response, where it went down because they couldnt get the people out there and staff the phon