Double digits U.S. jobless rate in November

Ahead of the Memorial Day holiday weekend, all states in the U.S. began to lift some restrictions implemented to halt the spread of the coronavirus. Government officials are still urging people to practice social distancing and to wear masks in public. 

Changing opinions from scientists and health officials have contributed to some people refusing to wear masks because public health authorities initially advised against wearing masks, saying there was little evidence that it would help prevent people from getting sick.

China’s top diplomat criticized U.S. efforts to hold China accountable for its alleged role in the spread of the coronavirus, calling any aims to force Beijing to pay compensation for the coronavirus a “daydream.”

The number of coronavirus fatalities in New York state fell below 100, Gov. Andrew Cuomo said on Saturday, marking the lowest daily death toll since March 24.

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. 

  • Global cases: More than 5.33 million
  • Global deaths: At least 341,513
  • U.S. cases: More than 1.62 million
  • U.S. deaths: At least 96,046

The data above was compiled by Johns Hopkins University.

Pandemic will drive major changes to the nursing home industry

10:30 a.m. ET — Nursing homes and assisted living facilities throughout the country stopped allowing family members to visit elderly or ailing loved ones as the novel coronavirus spread across the nation. 

Many families with loved ones in those facilities are desperate to be able to visit them again. But that so-called return to normalcy will take time.

Virtual visits over Zoom and WebEx will likely be the norm for the foreseeable future and family members also should be prepared to undergo tests in order to visit.

Read the full report on how nursing homes will return to a new normal from CNBC’s Lorie Konish. —Melodie Warner

Wearing a mask is not about politics, says Ohio Gov. Mike DeWine

Republican Gubernatorial-elect Ohio Attorney General Mike DeWine gives his victory speech after winning the Ohio gubernatorial race at the Ohio Republican Party’s election night party at the Sheraton Capitol Square on November 6, 2018 in Columbus, Ohio.

Justin Merriman | Getty Images

10:10 a.m. ET — Ohio Gov. Mike DeWine told NBC’s Chuck Todd that the ongoing debate on wearing masks should not be about choosing a political party but about protecting each other.

“This is not about whether you’re liberal or conservative, left or right, republican or democrat. You wear the mask not to protect yourself so much as to protect others,” De Wine said.

In response to North Dakota Gov. Doug Burgum’s emotional message on Friday to be more empathetic instead of shaming those who wear masks, DeWine agreed and said Burgum is “spot on.”

“This is one time when we truly are all in this together. What we do directly impacts others,” he added.

Ohio reopened its retail businesses and personal-care services earlier this month. The governor said the state’s reopening plan has been “going well.”

While Ohio is not ready to allow mass gatherings of people yet, DeWine said restaurants and businesses are adapting well to public health measures. —Jasmine Kim 

U.S. unemployment rate could still be in double digits in November, says White House adviser 

Kevin Hassett, chairman of the White House Council of Economic Advisers, speaks during a White House press briefing in Washington, D.C., U.S., on Monday, Sept. 10, 2018.

Yuri Gripas | Bloomberg | Getty Images

9:36 a.m. ET — The U.S. unemployment rate could still be in double digits in November as a result of the coronavirus pandemic, according to White House senior advisor Kevin Hassett.

The unemployment rate rose to 14.7% in April, with more than 38 million people filing unemployment claims since Mid-March when the outbreak forced national shutdowns.

Hassett told CNN’s Dana Bash that there would be other promising signs of economic improvement, as unemployment numbers may move slower than other indicators. But he said the unemployment rate is likely headed north of 20% in the month of May.

“The unemployment rate will be higher in June than in May, but then after that it should start to trend down,” Hassett said. —Emma Newburger

Air travel is going to look different this summer because of the coronavirus

9:03 a.m. ET — Memorial Day weekend is the traditional kickoff to the peak travel season and while demand is showing some signs of life, it is still down about 90% from a year ago. The virus and concerns about it spreading have prompted new procedures at airlines and federal agencies.

The Department of Homeland Security, which includes TSA and customs, is exploring temperature checks at airports. The Transportation Security Administration is also changing some polices to limit physical contact, such as asking travelers to scan their own boarding passes and that they remove food and other items from their bags so officers don’t have to touch bins.

Starting this month, U.S. airlines require that travelers wear masks on board. They are tweaking boarding to fill seats from back to front to limit contact with other travelers. Some airlines are limiting the number of travelers on board, or letting travelers know when their flights are full. Experts warn its nearly impossible to socially distance on an aircraft, however. —Leslie Josephs

AngloGold Ashanti closes mine in South Africa after 53 employees tested positive

Source link

Comment here