Weekend, 25 states reopening. That is about 33 of the gdp. All of that coming up. But first, the Coronavirus Crisis wreaked havoc in april resulting in the worst jobs report since the end of world war ii. The u. S. Economy lost more than 20 million jobs in the month of april with more than 33 million filing for Unemployment Benefits over the past seven weeks. The Unemployment Rate surging to a record high of 14. 7 . Joining me right now to discuss the brutal jobs report as well as how quickly this economy can recover is mohamed alarian. Thank you so much for joining us. Thank you, maria. Maria you know what i find odd . We have these jobs numbers on the one hand which obviously show the results of this shutdown. And its been selfimposed but, nonetheless, all these job losses. Taunt, weve got a rally in at the same time weve got a rally in markets. Whats going on with this dichotomy . Not only is a dichotomy, but its fueling a lot of political rhetoric on main street versus wall street,
Weekend, 25 states reopening. That is about 33 of the gdp. All of that coming up. But first, the Coronavirus Crisis wreaked havoc in april resulting in the worst jobs report since the end of world war ii. The u. S. Economy lost more than 20 million jobs in the month of april with more than 33 million filing for Unemployment Benefits over the past seven weeks. The Unemployment Rate surging to a record high of 14. 7 . Joining me right now to discuss the brutal jobs report as well as how quickly this economy can recover is mohamed alarian. Thank you so much for joining maria you know what i find odd . We have these jobs numbers on the one hand which obviously show the results of this shutdown. And its been selfimposed but, nonetheless, all these job losses. Taunt, weve got a rally in at the same time weve got a rally in markets. Whats going on with this dichotomy . Not only is a dichotomy, but its fueling a lot of political rhetoric on main street versus wall street, companies versus peop
Back up from the coronavirus lockdown today, we have a lot coming up, will meet the owner of a Construction Company in a few minutes who is finally back on the job and very happy to be back. Will check in with local retailers who have more freedom to operate today than they did yesterday, will also introduce you to the owner of the north brewery which is the location from where we are blood testing today. All of that is coming up, stay with us that our better top stories and fox Business Team coverage set up with Lauren Simonetti watching the markets for us and from President Trump, hillary bond reporting on rising tensions between the u. S. And china but we start with edward. President announcing operation warp speed, there is a new head of that the chief scientist who in the private sector develop vaccines, he will be partnered with general from the army to help not only make the vaccine but distributed in the President Donald Trump says he will begin distribution of the vaccine the
Weekend, 25 states reopening. That is about 33 of the gdp. All of that coming up. But first, the Coronavirus Crisis wreaked havoc in april resulting in the worst jobs report since the end of world war ii. The u. S. Economy lost more than 20 million jobs in the month of april with more than 33 million filing for Unemployment Benefits over the past seven weeks. The Unemployment Rate surging to a record high of 14. 7 . Joining me right now to discuss the brutal jobs report as well as how quickly this economy can recover is mohamed alarian. Thank you so much for joining us. Thank you, maria. Maria you know what i find odd . We have these jobs numbers on the one hand which obviously show the results of this shutdown. And its been selfimposed but, nonetheless, all these job losses. Taunt, weve got a rally in at the same time weve got a rally in markets. Whats going on with this dichotomy . Not only is a dichotomy, but its fueling a lot of political rhetoric on main street versus wall street,
As we see more states open this weekend, 25 states reopening. That is about 33 of the gdp. All of that coming up. But first, the Coronavirus Crisis wreaked havoc in april resulting in the worst jobs report since the end of world war ii. The u. S. Economy lost more than 20 million jobs in the month of april with more than 33 million filing for Unemployment Benefits over the past seven weeks. The Unemployment Rate 14. 7 . Joining me right now to discuss the brutal jobs report as well as how quickly this economy can recover is mohamed alarian. Thank you so much for joining us. Thank you, maria. Maria you know what i find odd . We have these jobs numbers on the one hand which obviously show the results of this shutdown. And its been selfimposed but, nonetheless, all these job losses. Taunt, weve got a rally in at the same time weve got a rally in markets. Whats going on with this dichotomy . Not only is a dichotomy, but its fueling a lot of political rhetoric on main street versus wall str