Cspanhe senate live on two. By the seniored policy analyst at the National Employment law project. Remind us what your group does and how you do it. Work to advance the interests of underpaid workers racism,ting structural erasing any quality, and Building Worker power. Nelp. Org for viewers who want to check them out online. 6. 6 million americans filed to run employment last week. Put that number in perspective for us. How does that compare to the worst week of the Great Recession . Guest it dwarfs the worst weeks of the Great Recession. It is worse than the 3 million that came before, which dwarfed the highest weekly claims number in history, which was 1982. In 1982, the number was around 680,000. The Great Recession never reach any of those numbers. Host what are the projections for this coming weeks numbers . Guest i hesitate to gas. It is possible that it could be even higher because a lot of people have been trying to get through and have not gotten their claims approved. There
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
Noem held a town hall taking questions on the states response to the coronavirus pandemic. The state is one of few without a stay at home order. 518 meatpacking plant workers tested positive for covid19. South dakota public broadcasting posted the town hall. Hello and welcome to a covid 19 special. South dakotas have a lot of questions about the coronavirus. They also have questions about the decisions being made in an effort to slow down the spread. Joining me to help answer some of those questions live, we have governor kristi noem, secretary with the south Dakota Department commissionerd the of the Governors Office of Economic Development. Welcome to all of you. Thank you. We are going to continue to take questions tonight. You can send those via text or email. Our phone number to send a text 67372. We are going to get started. We have been receiving questions for the last day and a half. All of those that we will be asking tonight have come from south dakotas except this first one.
Last week. But that number in perspective for us. How does that compare to the worst weeks of the Great Recession . Guest it dwarfs the worst weeks of the Great Recession. It dwarfs the 3 million that came before which completely dwarfs the number in 1982. The week before was 3. 3 million and in 1982i believe the number was around 680,000. The Great Recession never reached any of those numbers. Host what are the projections for this coming week . Guest i cannot tell you that for sure. I hesitate to guess. Thatssible that get it could be higher because a lot of people have been trying to get through and have not gotten their claim approved and they are layoffs all over the united states. Host of that number, do we know how many are layoffs and people not having a job anymore versus furloughing and the fact that there will be a job promise on the other side . Guest from an insurance system perspective, a furloughing and they layoffs are pretty much identical as long as your boss tells yo
Who want to check them out online. 6. 6 million americans filed to run employment last week. Put that number in perspective for us. How does that compare to the worst week of the Great Recession . Guest it dwarfs the worst weeks of the Great Recession. It is worse than the 3 million that came before, which dwarfed the highest weekly claims number in history, which was 1982. In 1982, the number was around 680,000. The Great Recession never reach any of those numbers. Host what are the projections for this coming weeks numbers . Guest i hesitate to gas. It is possible that it could be even higher because a lot of people have been trying to get through and have not gotten their claims approved. There are continuing layoffs all over the united states. Host of that 6. 6 million number, do we know how many are layoffs and people not having a job anymore versus furloughing and the fact that there will be a job on the other side hopefully . Guest from the systems perspective, a furlough and la