Market Data
April 20, 2020
Reopening the Economy: Here's The Plan
Written by Sandy Williams
The COVID-19 pandemic has undoubtedly taken a toll on American lives and the economy. The first case of the disease in the U.S. was reported 88 days ago on Jan. 22. As of April 21, there have been 784,326 reported infections and 42,094 deaths.
The toll on the U.S. economy has been devastating. Stay-at-home orders and shuttering of non-essential businesses has elevated the number of Americans filing for unemployment. Last week the government reported that initial jobless claims had soared to 22 million since March 14. Fitch Ratings estimates the unemployment rate could rise to near 15 percent in April, setting a new post-World War II record.

