The New Coronary Pneumonia epidemic is spreading around the world, and now the United States has become the epicenter of the epidemic. According to the data of Johns Road Hopkins University in the United States, as of 23:00 on April 3, Beijing time, there were 245601 confirmed cases and 6058 deaths people.
The epidemic situation continues to deteriorate, the US economy continues to be under pressure, and the number of unemployed surges.
According to the data released by the US Department of Labor, in the two weeks from March 15 to March 21 and March 22 to March 28, the number of people applying for unemployment relief for the first time was 3.307 million and 6.648 million, respectively. In other words, nearly 10 million people have lost their jobs in the United States within two weeks. Before the outbreak, the highest record of this data was 695,000 in October 1982.
On the evening of April 3, Beijing time, the United States released employment data for March. The data shows that the unemployment rate in the United States in March this year was 4.4%, a substantial increase from 3.5% in February, and also much higher than the estimated value of 3.8%.
In addition, the number of new non-agricultural employment in the United States decreased by 701,000 in March, which turned negative for the first time in ten years and is expected to decrease by 100,000.
Affected by the adverse employment data, the three major US stock indexes opened lower.
Within two weeks, nearly 10 million Americans lost their jobs
According to Xinhua News Agency, in the United States, when a worker loses his job and applies to the government department for unemployment relief when certain conditions are met, it is counted in the “number of people applying for unemployment relief for the first time”. If he accepts relief for more than one week, then from the second week onwards, the worker is deemed to be a "continually applying for unemployment relief."
According to the US Department of Labor, the “number of first-time jobless claims” reflects the latest number of unemployed persons, while the “number of continuing jobless claims” focuses on the total number of people receiving unemployment benefits.
Therefore, for two consecutive weeks, the number of first-time applicants for unemployment relief were 3.307 million and 6.648 million, respectively, indicating that in the two weeks, at least 9.955 million were unemployed in the United States.
According to US media reports, affected by the epidemic, the "shutdown" of US economic activity has become more obvious since late March. Many people still have no time or failed to register to apply for unemployment relief. Will remain high.
It is worth mentioning that the "unemployment relief number" and the unemployment population calculation method used in calculating the unemployment rate are different.
In addition, CCTV News reported that some analysts said that with the growing severity of the new coronary pneumonia epidemic, the next unemployment rate in the United States will be higher. Some media reported that the entire epidemic impact cycle, the United States is expected to lose 20 million people.
People receive bailout subsidies as soon as 2 weeks
According to the report of China News Service, as the epidemic continued to spread in the United States, many large department stores in the United States announced their temporary suspension of business, and thousands of employees were forced to stay without pay.
U.S. Treasury Secretary Mnuchin said on the 2nd that the relief fund will be directly deposited into the public account. The first bail-out checks will be sent within 2 weeks, and about 50 to 70 million Americans will receive the money in their bank accounts by April 15. Over the next three weeks, most eligible Americans will receive the payment.
But the report pointed out that the direct deposit information of 90 million to 110 million people in the United States is not in the possession of the US Internal Revenue Service, so it may take several months to send checks to these people.
Previously, US President Trump signed a $ 2 trillion economic stimulus bill at the White House in response to the new coronary pneumonia epidemic.
The epidemic situation may cause the US manufacturing industry to fall into recession crisis
The rising unemployment data reflects that the new coronary pneumonia epidemic is gradually impacting many areas of the US economy.
According to Xinhua News Agency, as more and more companies shut down and the supply chain is interrupted, the US manufacturing industry is beginning to experience the pain caused by the epidemic. In March, the U.S. Manufacturing Purchasing Managers Index (PMI) shrank again, which may only be the beginning of a downturn in the entire industry.
According to data released by the American Institute of Supply Management (ISM) on April 1, the U.S. manufacturing PMI in March fell by 1 point to 49.1, higher than market expectations of 45, but fell below the 50 gloom line, which means that the manufacturing industry Shrink. That month, the new orders index was only 42.2, the lowest since March 2009; the employment index slipped further to 43.8.
ISM Chairman Timothy Lufiore said in a statement that he is pessimistic about the recent prospects of US manufacturing. As a result of the New Coronary Pneumonia epidemic and global energy market volatility, all US manufacturing industries have been affected. The six manufacturing industries of petroleum and coal products, textile industry, transportation equipment, furniture and related products, metal products and machinery have contracted.
The results of a survey released recently by the National Manufacturers Association of the United States show that due to the further spread of the new coronary pneumonia epidemic, more than one-third of US manufacturers have faced supply disruptions, and nearly 80% of manufacturers expect business to be damaged.
