Confirmed cases of the coronavirus have reached nearly 25 million worldwide, as the United States has moved closer to six million infections and other countries have seen the number of cases rise.
Several large US companies are reporting a new wave of layoffs, as companies reassess staffing needs and prepare for a prolonged period of economic disruption.
MORE US JOBS LOST Due to coronavirus pandemic permanently disappear
The United States reported 46,156 new cases – the daily number of cases has now increased for five consecutive days – and 976 deaths on Friday, the most recent data compiled by Johns Hopkins University. This brings the total number of confirmed cases to more than 5.9 million. The total death toll in the United States has reached 181,000.
MGM Resorts International has become the most recent major US employer to announce staff cuts. The company said it was laying off 18,000 staff members on leave in the United States as the global travel slowdown hit the casino industry.
Stanley Black & Decker Inc. also recently told some employees that they would not be put back on the payroll. Salesforce.com Inc., Coca-Cola Co., American Airlines Group Inc. and United Airlines Holdings Inc. have all warned of impending job cuts.
|MGM||MGM RESORTS INTERNATIONAL||23,86||+1,05||+ 4,60%|
|SWK||STANLEY BLACK & DECKER||165,52||+6.04||+ 3,79%|
|KO||COCA-COLA COMPANY||49,83||+1,60||+ 3,32%|
|AAL||GROUPE AMERICAN AIRLINES INC.||13,59||+0,31||+ 2,33%|
|UAL||UNITED AIRLINES HLDG.||37,34||+1,12||+ 3,09%|
TRUMP’S $ 400 UNEMPLOYMENT BENEFIT IS LIKELY $ 300 FOR MOST AMERICANS
The Treasury Department has started implementing President Trump’s plan to allow payroll tax deferral, an executive action meant to help households weather the economic fallout from the pandemic, but which also faces some hurdles.
In many hard-hit states, college campuses have become hotbeds of infection. The virus is spreading particularly aggressively on some campuses in Georgia, Texas and Iowa. However, at least one major university – the University of Notre Dame – has seen the rate of new cases slow enough to try to return to teaching in person next week.
As of Saturday morning, India reported 76,472 new cases of coronavirus in the country in the previous 24 hours, bringing the total of confirmed cases to 3,463,972, according to the Ministry of Health and Family. It reported 1,021 new deaths, with a death toll of 62,550.
The government says nearly a million tests have been carried out daily in recent days, with more than 40 million tests performed as of Friday, as part of its “test, track and treat” strategy.
South Korea has reported an additional 323 new cases, bringing the total to around 19,400 cases. The country is reintroducing social distancing measures in the Seoul metropolitan area, a step towards its tier three restrictions, the highest of a three tier system.
Japan reported 876 new cases on Saturday for Friday, in line with a recent trend where the daily tally is below 1,000. This represents an improvement from late July to early August, when a new wave of coronavirus infections erupted in clusters across the country, with over 1,000 cases almost every day.
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Prime Minister Shinzo Abe, who on Friday said he was stepping down from his leadership position due to health concerns, cited a recent drop in infections as the reason for the timing of his announcement. The county now reports more than 66,000 people infected and a death toll of more than 1,200.
The number of new daily coronavirus cases in the Australian state of Victoria fell below 100 for the first time since early July, with the state recording 94 cases and 18 deaths. New South Wales, home to Sydney, has recorded 14 cases, eight linked to a cluster in the city center.
Guam has reported 55 new cases, bringing the total number of cases in the US to 1,287. Of these new cases, 22 were diagnosed by the Department of Defense. The 2020 primary election in Guam, slated for Saturday, has been called off due to the surge in cases in recent days and all candidates will go on to the general election.
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