An exact number of essential employees, hard to come by. 49one estimate tomorrow million to 62 million workers. That is an estimate from the Brookings Institution that relied on department of Homeland Security designations of essential. About 7 million employees at Grocery Stores, pharmacies, and bigbox stores. When it comes specifically to the state of california, the Public Policy institute of california estimates that in a typical year, roughly one third to one half of californias labor force is employed in essential operations. The standard definition of essential comes from the 2013 essential services act, generally defined as someone who performs work involving the safety of human life and the protection of property. Of course, those in the Health Care Industry and law enforcement, Food Security and Food Production included under that definition, but as fox news notes in their story, states have been free to add their own designations of what is an essential business in their sta
And oil is up to the tune of 25 . The jobless claims rocked the street. We were expecting them to be bad. We were not expecting them to be 6. 6 million bad. Jackie deangelis, jackie. Reporter good afternoon to you, neil. Lets go ahead to start with the tweet from the president that had the dow jones up more than 300 points now. The president said, i spoke to my friend, mbs, crown prince of saudi arabia who spoke with president putin of russia and i expect and hope they will be cutting back approximately 10 Million Barrels and maybe substantially more, which if it happens will be great for the oil and gas industry. The markets are rallying on this, because low oil prices are good for consumers and businesses that use oil. Statement, you dont want the price to be so low that the shale producers go out of business. That the Oil Producers have a hard time, staying, conducting, keeping things going. So prices spiking today, more than 20 is a positive sign that it is all moving in the right
Unfolded, here are some of the highlights from todays news conference. The white house today pledged immediate help for individuals and Small Businesses. This came on a date when we learned that 6. 6 million more americans wild unemployment claims last week. Treasury secretary Steve Mnuchin is said people who have their banks direct deposit information already on file with the irs will get direct payments within two weeks as part of the stimulus bill. Im pleased to report that within two weeks the first payments will be direct deposit into taxpayers accounts. As the president said, he authorized me to say that anybody who has Social Security recipients will not need to file a new tax return and will have that. The secretary said there will be a website for people who dont have direct deposit on file, and they can provide information in order to get their payment. On the medical front President Trump said today that he has again invoked the defense production act to ensure that manufact
At us, we are at number four. The president , the Speaker Pelosi and treasury secretary mnuchin, they are all on board with a grand infrastructure plan. Leader mcconnell says hold back for now, but it sure looks like a lot more spending is in the works. After all, we are all big spenders now, arent we . Look at the markets. Responding to the jobless numbers and the possibility of more stimulus. The dow looks like it could eke out a small gain of maybe 70. Nasdaq up 17. S p up maybe 10. A fractional gain for stocks despite that jobless number. Look at the price of oil. Up sharply today. The president wants a deal with the russians and saudis and he will meet with Oil Company Executives tomorrow. The oil price this morning is up to, okay, up to just 22 a barrel. Got it. But its higher by 9 . The price of gasoline, look at this, keeps coming down. 1. 97. Thats the national average. In oklahoma, hard to believe, its all the way down to an average of 1. 51. Thats oklahoma. On the program to
It coronavirus outbreak at an she says she wants to help her east bay nursing home. More than two dozen patients and staff are infected with community in this time of covid19. To date 27 persons crisis. What we do now will forever change our tomorrow. Associated with this facility have tested positive for covid 19. I feel sad for the patients, their families and the staff. The coronavirus continues to impact some of the most vulnerable communities in the bay area. This, as the white house issues a new recommendation aimed at protecting all americans. President trump and the cdc echoing recommendations of many local Health Officials and encouraging everyone to wear a nonmedical mask like a cloth or bandanna to cover their mouth and nose while out in public. The president today stressed the recommendation is voluntary. The San Francisco Police Department announced today it is finding people and businesses who do not comply with the stay athome orders. Chief bill scott says his offices ha