The Rush to Reopen Economy Risks Lives and Could Worsen the Economic Crisis
Marc H. Morial
President and CEO
National Urban League
“Researchers at the Harvard Global Health Institute estimate that the U.S. will have to have at least triple the number of tests carried out daily, from about 150,000 to 500,000, for the country to safely ease restrictions on local businesses and gatherings. That translates to 1.52 tests for every 1,000 individuals in the population. Only Rhode Island and West Virginia meet that standard.” – U.S.News & World Report
The number of Americans who have filed a claim for unemployment benefits hit 30 million this week.
The estimated unemployment rate is between 15% and 20%.
U.S. gross domestic product fell at a 4.8 percent annual rate in the first quarter of the year, the worst contraction since 2008. Economists expect the economy to shrink by 30% during the current quarter.
