COVID-19 Predicted to Kill 200,000 in the US by October, Model Says
 
COVID-19 Predicted to Kill 200,000 in the US by October, Model Says

COVID-19 Predicted to Kill 200,000
in the US by October, Model Says.
The model comes from the Institute for
Health Metrics and Evaluation (IHME)
at the University of Washington.
It was once used by the
White House to map out
the pandemic’s trajectory.
Just last week, the model predicted that
30,000 fewer people would die from the virus.
Its newest projections place the number of deaths
between 171,000 and 270,000 by October 1.
The IHME says that a reason for the increase is
the “relaxation” of social distancing guidelines
in individual states.
IHME Director Dr. Christopher Murray
adds that underlying factors are increases
in contact rates and mobility.
Starting in the third week of August in our forecast at the national level, we see the daily death rate… going up again, after having been declining since mid-April at the national level, Dr. Christopher Murray, via press briefing.
That increase in daily deaths really starts to gather momentum from mid-September onwards, Dr. Christopher Murray, via press briefing.
Murray also explains that the
usage of face masks heavily
influences the model’s projections.
Cases are dropping in hard-hit states
such as New York and New Jersey.
They are rising in others, including
Florida, Texas, and Arizona.
A month ago, Arizona was reporting
around 400 new cases per day.
The state is now seeing
over 1,000 cases daily

Starbucks to close more than 400 US stores – Video
 
Starbucks to close more than 400 US stores – Video

Starbucks has confirmed that they would be permanently transitioning to more socially distant store models. The coffee giant plans to transition a large number of stores to pick-up only locations, specifically in major cities. (Las Vegas Review-Journal)

Tinder has seen a ‘lot of engagement’ amid lockdowns – VIDEO
 
Tinder has seen a ‘lot of engagement’ amid lockdowns – VIDEO

Tinder CEO Elie Seidman commented on the new trends: “The high level is that now more than ever, people want connection. You’ve got physical isolation, but if you’re single and you’re alone, now is perhaps the most important time.” (Las Vegas Review-Journal)

1.54 Million Americans Filed for Unemployment Last Week
 
1.54 Million Americans Filed for Unemployment Last Week

1.54 Million Americans Filed
for Unemployment Last Week.
The U.S. Labor Department
released the unemployment
numbers on Thursday.
The number of jobless claims
was just below economists’
predictions of 1.55 million claims.
1.897 million Americans
applied for unemployment
insurance the previous week.
More than 44 million Americans
have filed jobless claims in
the past three months.
Continuing claims
nearly topped 21 million.
The numbers follow the May jobs report,
which revealed that more than two million jobs
were added to the U.S. economy in May.
Initial jobless claims continued the gradual downward trend. But it is still hard to square the claims figures with the much more upbeat news on the labor market from May’s Employment Report, Capital Economics, via Yahoo Finance