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26 Apr 2024 2:59
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  •   Home > News > Business

    There are fears coronavirus cases in the US will spiral even further, as the White House pushes to reopen the country on the back of high unemployment figures

    There are fears coronavirus cases in the US will spiral even further, as the White House pushes to reopen the country on the back of high unemployment figures


    The US economy has lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression

    Unemployment has reached 14.7 percent, shattering the post- World War Two record of 10.8 percent.

    CNN national security correspondent Vivian Salama says a hasty reopening of the country could trigger another severe wave of Covid-19.

    She says there's an economic danger in that because a stop-start scenario would very detrimental.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Basketball:
    The Oklahoma City Thunder are heading for a big win over the New Orleans Pelicans in Game 2 of their first round NBA play-off series 21:57

    Motoring:
    MetService has warned of snow on a number of South Island high passes overnight and into tomorrow 21:17

    International:
    Joe Biden has signed legislation banning TikTok, so what happens now? 19:37

    Environment:
    A vegetation fire near Dunedin remains contained, with one helicopter still battling the blaze 18:57

    Rugby League:
    A valiant Warriors comeback has fallen short...beaten 27-24 by the former bottom-of-the-table Gold Coast in their Anzac Day NRL encounter at Mt Smart 18:37

    Environment:
    The Rangitata rail bridge has reopened following a two week closure 18:07

    Motoring:
    A Waikato road will be closed for some time while a power pole is fixed 17:27

    Basketball:
    2021 NBL Championship winner Mitch McCarron is joining the Breakers on a two-year deal 17:17

    Cricket:
    The under-strength Black Caps aren't overly concerned about the result of their T20 series in Pakistan 16:17

    Rugby League:
    Warriors halfback Shaun Johnson has called on the Warriors to execute more accurately on attack 15:57


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