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This Article is From Apr 03, 2020

U.S. Jobs Data, Small Business Aid, Shadow Economies: Eco Day

(Bloomberg) -- Welcome to Friday, Americas. Here's the latest news and analysis from Bloomberg Economics to help you start the day:

  • How to read Friday's U.S. jobs data and beyond for virus impact? Payrolls are forecast to decline in March for the first time since 2010
  • The coronavirus has forced millions in the U.S. off their jobs in recent weeks, and some states are taking a disproportionate hit
  • The Trump administration's $349 billion small business rescue starts amid concerns about its ability to handle an expected flood of applications and deliver enough aid to mom-and-pop firms
  • Is it enough? Tracking G7 + China economic stimulus measures
  • The International Monetary Fund will be able to do its annual consultation with Argentina remotely if coronavirus requires it, the fund's top official for Latin America said, allowing work with the new government to advance amid the pandemic
  • IHS Markit figures points to an annualized economic contraction of about 10% in the euro area
  • As the death rate rises, Boris Johnson's government is being hammered in the U.K. for failing to get the health service ready for the coronavirus onslaught. Now what had been his saving grace -- a comprehensive economic package -- is coming under strain too
  • How do governments control activity in an economy they never really controlled in the first place? That's an urgent question being asked for those who run the $35 trillion developing world as the coronavirus takes hold

©2020 Bloomberg L.P.

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