Pre-Election Special SALE: 60% Off VIP Membership
BREAKING: Supreme Court Rules on Whether Virginia Can Remove Non-Citizens From Voter Rolls
Tim Walz's Gaming Session With Ocasio-Cortez Was a Trainwreck
Oregon Predicates Request to Judge on Self-Delusion
GDP Report Shows Economy 'Weaker Than Expected'
How Trump Plans to Help Compensate Victims of 'Migrant Crime'
NRCC Blasts the Left's Voter Suppression Efforts in Battleground Districts
Watch Trump's Reaction to Finding Out Biden Called His Supporters 'Garbage'
Scott Jennings Calls Out CNN Host, Panelists Trying to Desperately Explain Away Biden's...
There Was a Vile, Violent Attack in Chicago, and the Media's Been Silent....
One Red State Just Acquired a Massive Amount of Land to Secure Its...
Poll Out of Texas Shows That Harris Rally Sure Didn't Work for Colin...
This Hollywood Actor Is Persuading Christian Men to Vote for Kamala Harris
Is the Trump Campaign Over-Confident?
Is This Really How the Kamala HQ Is Going to Respond to Biden’s...
Tipsheet

A Million File for Unemployment In California Amid Economic Shutdown

AP Photo/Rich Pedroncelli

A million Californians have filed for unemployment this month, the governor announced on Wednesday. The staggering number comes less than a week after Gov. Newsom issued a mandatory stay at home order for individuals whose jobs he deemed to be noncritical. Californians can still go outside for recreation and make trips to the grocery store, but those activities don't pay the bills. 

Advertisement

Given the state's exorbitant cost of living, millions of Californians are feeling crushed by the unexpected loss of income. Workers in the service and hospitality industry have been particularly hard hit as most of California's residents have been ordered to remain inside their homes for an indefinite period of time. 

To help blunt the economic impact of his order, Gov. Newsom announced that four major banks – Wells Fargo, Citi Group, JPMorgan and U.S. Bank – have all agreed to a 90 day grace period on mortgage payments for those impacted by the Wuhan coronavirus. The governor called out Bank of America for only offering a 30-day forbearance to borrowers amid the economic shutdown. 

Advertisement

The governor announced that 2,535 people in the state have now tested positive for the Wuhan coronavirus, adding that 51 percent of those who have tested positive were between the ages of 18-49. The virus has now resulted in the deaths of at least 60 people in the state as of Wednesday. Newsom warned the stay at home order could remain in effect for an additional 12 weeks. 

President Trump has decided to balance the difficult tasks of slowing the spread of a deadly virus with preventing an economic catastrophe, which the president warns may be worse than the virus itself.

On Thursday, the president blamed the "Lamestream Media" for trying to keep the country closed in an effort to hurt the president's shot at winning reelection. Trump claimed the "real people" in the country would like to get back to work as soon as possible. 

Advertisement

On Tuesday, President Trump announced his goal of opening up the American economy by Easter Sunday, Apr. 12.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement