Launched [yelling] pauley and there is bad news. Almost a week of violence and unrest in minneapolis and other cities. In the wake of last mondays death of george floyd while being held by police. Well have the latest on those disturbances just ahead. And then its on to covid. This pandemic is very much a mixed bag, depending upon where you live. New cases down in some places; up in others. Many places reopened. Other places are still closed. Uncertainty about the future still lingering just about everywhere. This is your life in these strangest of times, as mo rocca will report in our cover story. Plexiglass barriers have been popping up all over. This is your life, as the country returns to normalish. Have you seen anything that approximates it . Not even close. Reporter not even close . Nothing like this. It is a frenzy, almost. Reporter coming up on sunday morning, old lessons about the new normal. Pauley even in the face of Live Performance shutdowns, some of our top musicians are
In the world corrupted you need to descend. To join us on the death. Or a mate in the shallows. As the us economy was booming growing numbers of people were made homeless. You can work 40 hours in a week and still not have enough to get housing everybody believes america still has the lead up to the reality of the years were not financially equality and the lack of Affordable Housing for a living minimum wage give many people no choice. Thats been a problem with the city knows turn a return call the stay way out almost. Half the food that there is no answer because yes that requires resources the most vulnerable are abandoned on the streets to become. Yes. This is the one business show you cant afford to miss im french born in washington. Following dismal numbers for u. S. Economic growth europe has followed suit taking a major hit as the go to 19 outbreak continues to weigh heavy plus as we discuss the impact of the pandemic on different sectors how are sports fairing we do a deep div
Concerning Economic Data out of europe the eurozone economy contracted by 3. 8 percent for the 1st quarter of 2020 this marks the biggest drop in g. D. P. For the 19 countries block since 1905 according to the European Statistics Office euro stat the e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march so you still have 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the bloc france the g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central by. Announced thursday it would keep Interest Rates where they are
The e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march of 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the block frances g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central bank announced thursday it would keep Interest Rates where they are at 0 but added they will continue stimulus measures until the economy stabilizes. And here in the United States new filing for unemployment reached 3840000 for the week ending the 24th of april now this brings the total number of claims over the last 6. 30000000
In the block frances g. D. P. Fell by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central bank announced thursday it would keep Interest Rates where they are at 0 but added they will continue stimulus measures until the economy stabilizes. And here in the United States new filings for unemployment reached 3400000 for the week ending the 24th of april now this brings the total number of claims over the last 6. 1000000 despite the dismal Economic Data an incredible number of unemployed americans markets are on pace for the best month and decades today of course excluded so lets get some expert analysis on the situation with tobin smith c. E. O. Of transforming research and boom bust cohost christi i thank you both for joining us today now christy weekly weekly jobless numbers are in now as i just mentione