US joblessness at drastic proportions
Global business news, with live guests and contributions from Asia and the USA.
Nearly 39 million people have applied for unemployment assistance due to coronavirus. Some people are predicting a quick recovery for a lot of those people, but Nicolas Bloom, professor of economics at Stanford University, is far less sanguine about it. Also in the programme, pro-democracy activists in Hong Kong say they fear "the end of Hong Kong", after China announced plans for a new security law, aimed at banning sedition and subversion. And as Spain opens up amid coronavirus concerns, we ask when its tourism sector might recover. Plus, as many people on lockdown have been watching more streaming films and television series, some American cinema companies are worried about getting people back in front of the big screen.
(Picture: two people on the street. Picture credit: Getty Images.)
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