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Clark Howard: Recovery from coronavirus will be unique when compared to past recessions
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Clark Howard: Recovery from coronavirus will be unique when compared to past recessions

Clark Howard: Recovery from coronavirus will be unique when compared to past recessions

Clark Howard: Recovery from coronavirus will be unique when compared to past recessions

With the Labor Department reporting that nearly 3.3 million Americans filed for jobless claims last week amid the coronavirus pandemic, WOKV's Consumer Warrior Clark Howard says it's, unfortunately, just the tip of the iceberg.

However, Howard wants to stress that because the coronavirus outbreak is such a unique situation, the recovery process will be unique too. He says it will be different than what we saw with the Great Recession or even the brutal recession in the early 1980’s.

"The recovery will not be straight line back up, but the recovery from coronavirus will be much quicker and will be sped along, once we get the medical protocols right," says Howard. 

He says we're currently a few months behind on the medical protocols, but he says we'll get there. 

"We will overcome this and we will overcome it in months, not years," Howard says. 

Get more consumer news and advice from WOKV's Consumer Warrior Clark Howard in his latest on-demand podcasts, by clicking HERE.

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The Latest News Headlines

  • More than 1.4 million people worldwide -- including nearly 400,000 people in the United States – have been infected with the new coronavirus, and the number of deaths from the outbreak continues to rise. Officials are attempting to contain the COVID-19 outbreak in the U.S. as hospitals brace for unprecedented patient surges. The Centers for Disease Control and Prevention is tracking cases in the U.S. here. Live updates for Wednesday, April 8, continue below:      UK Prime Minister Boris Johnson in stable condition amid coronavirus treatment, junior health minister says Update 4:13 a.m. EDT April 8: British Prime Minister Boris Johnson remains hospitalized in stable condition following a worsening of his novel coronavirus symptoms, junior health minister Edward Argar told Sky News. “I understand the Prime Minister is in a stable condition. He’s comfortable and in good spirits. He has, in the past, had some oxygen, but he’s not on ventilation,” Argar told the network. On Tuesday, Johnson’s spokesperson told CNN the prime minister is receiving “standard oxygen treatment” and is breathing without assistance, a day after he was transferred to intensive care. More than 1K Veterans’ Affairs health workers test positive for coronavirus Update 3:50 a.m. EDT April 8: At least 1,000 health care workers who service veterans through the U.S. Department of Veterans Affairs, have tested positive for the novel coronavirus. According to Task and Purpose, a military and veteran-focused digital media company, 1,007 Veterans’ Health Administration employees have contracted the virus and have been placed in isolation. Read more here. California governor brokers deals for 200M masks per month to fight coronavirus Update 3:15 a.m. EDT April 8: Gov. Gavin Newsom laid out plans Tuesday for his state to acquire more than 200 million protective masks per month for health care workers battling the novel coronavirus. Newsom, who discussed the plans while appearing on MSNBC’s “The Rachel Maddow Show,” said action needed to be taken at the state level. 'In the past 48 hours, we have secured through a consortium of nonprofits and manufacturers here in the state of California upwards of 200 million masks on a monthly basis that we’re confident we can supply the needs of the state of California and potentially the needs of other western states,” Newsom said, adding, “We inked a number of contracts in the last few days that give me confidence in being able to say that.” Specifically, he told Maddow he expects to receive more than 150 million N95 masks and more than 50 million surgical masks per month. 2nd US coronavirus vaccine trial administers first dose Update 1:40 a.m. EDT April 8: The first dose of a second experimental novel coronavirus vaccine was administered this week to a subject at the University of Pennsylvania. Biotechnology firm Inovio began its Phase 1 clinical trial with the first dose delivered Monday and the trial expected to enroll as many as 40 healthy adult volunteers in Philadelphia and Kansas City, Missouri, according to a news release.  Dr. Pablo Tebas, an infectious disease specialist at the Hospital of the University of Pennsylvania and the study’s principal investigator, said in the release his team anticipates “rapid enrollment” in the early-stage trial, expected to continue through late summer.  “There has been tremendous interest in this vaccine among people who want to do what they can do to help protect the greater public from this pandemic as soon as possible,” Tebas said in the release.  Meanwhile, biotechnology firm Moderna launched its Phase 1 coronavirus vaccine testing in March. US coronavirus deaths hit 12,895, total cases near 400K Published 12:28 a.m. EDT April 8: The number of novel coronavirus cases in the United States surpassed 398,000 early Wednesday morning across all 50 states, the District of Columbia, Puerto Rico, Guam and the U.S. Virgin Islands. According to researchers at Johns Hopkins University, there are at least 398,809 confirmed U.S. cases of the virus, which have resulted in at least 12,895 deaths. U.S. cases now nearly triple the 141,942 reported in Spain and the 135,586 confirmed in Italy. Of the confirmed U.S. deaths, 5,489 – or roughly 43 percent of the nationwide total – have occurred in New York, 1,232 in New Jersey and 845 in Michigan.  In terms of diagnosed cases, New York remains the hardest hit with at least 139,876 confirmed cases – more than three times the next-closest state – followed by New Jersey with 44,416 and Michigan with 18,970. Six other states have now confirmed at least 13,000 novel coronavirus cases each, including: • California: 17,585, including 450 deaths • Louisiana: 16,284, including 582 deaths • Massachusetts: 15,202, including 356 deaths • Florida: 13,629, including 250 deaths • Pennsylvania: 14,956, including 296 deaths • Illinois: 13,553, including 380 deaths Meanwhile, Texas and Georgia each has confirmed at least 9,000 novel coronavirus infections, followed closely by Washington state with 8,696 cases and Connecticut with 7,781 cases; Indiana and Colorado each has confirmed at least 5,000 cases; Ohio, Maryland and Tennessee each has confirmed at least 4,000 cases; Virginia, North Carolina and Missouri each has confirmed at least 3,000 cases; and Arizona, Wisconsin, South Carolina, Alabama and Nevada each has confirmed at least 2,000 cases. Click here to see CNN’s state-by-state breakdown.
  • At least 10 people have died from the coronavirus at one nursing home in Athens, Georgia, officials confirmed Tuesday. The patients were residents at PruittHealth Grandview. WSB-TV′s Justin Gray talked to a nurse who said she was fired for not going back while still symptomatic for COVID-19. She said she got the virus from a patient who died from the illness. She was one of multiple nurses who talked to Gray, but most wanted to remain anonymous to protect their jobs. Nurse Myesha Moore first tipped off Gray to the coronavirus outbreak at Grandview after she was fired. She said the patients at the nursing home were like family to her. “I’m devastated,” Moore said. “I’m a nurse, and I’m a new nurse at that. I thought I was there to take care of people and protect them and be an advocate for them, and yet I’ve been terminated for being an advocate.” Gray reached out the PruittHealth at their Norcross headquarters. The company said in a statement: “We are saddened to share that 10 patients of PruittHealth Grandview who were previously tested presumptive positive for COVID-19 have passed away in the past few weeks. PruittHealth Grandview continues to operate at an alert code red status and has been strictly following enhanced infectious disease protocol.” Moore said she feels terrible for the victims and their families. “I love them, I really do,” Moore said. “And it hurts. It really does hurt.” PruittHealth denies terminating Moore, and said she is still on the payroll and even scheduled to earn hazard pay. They also said they are restricting staff at Grandview to only essential personnel right now.
  • A Florida man is facing allegations that he intentionally coughed on a store employee and said social distancing is “getting out of hand,” according to the Volusia County Sheriff’s Office. Christopher Canfora, 49, of DeBary, was arrested just before 3 p.m. at his home and taken to Volusia County Jail. He is being charged with assault with intent to commit a felony and is being held on $5,000 bond. Deputies responded to the Harbor Freight Tools store on Enterprise Road in Orange County. The employee said Canfora allegedly approached her at the cash register just after 9 a.m. and commented on the social distancing measure the store was taking. Tape markers were on the store to ensure customers stayed six feet apart. The employee told deputies that Canfora said “this is all getting out of hand” and intentionally coughed on her and the register. He then told her he does the same thing to people wearing masks when he sees them, and planned on going to Winn-Dixie and doing the same thing there, deputies said. Deputies said they were able to identify Canfora through a customer rewards system in the store’s database, according to the arrest affidavit. When they arrived at Canfora’s home, he denied coughing on anyone and told them he did not have any symptoms associated with COVID-19, deputies said. Canfora also told deputies that he didn’t expect anyone to understand his sense of humor, and that he couldn’t remember exactly what he said at Harbor Freight, authorities said.
  • Plenty of people across the state have been dealing with issues trying sign up for Florida’s reemployment process, but now CareerSource Northeast Florida has a solution that can help. Eight career center locations in Jacksonville and the surrounding counties are now providing paper applications with pre-addressed envelopes so you won’t have to deal with the website crashing or waiting on hold. The applications will be sent directly to the Florida Department of Economic Opportunity. “The applications are available for anybody who doesn’t have the ability to print out the paper application from the online site at the state of Florida,” says Candace Moody with CareerSource. She says it’s unclear how many people are going to need the paper applications, so they’ve printed out 10,000 to get started. “It’s important to note that the applications are available outside from 9 a.m. to 4 p.m. every day,” Moody says. After that, they’ll bring the applications inside until the next day, she says. You can go to the following locations to pick up the paper applications: Duval County Downtown: 215 N. Market Street Jacksonville, FL 32202 Gateway: 5000 Norwood Avenue, Suite 2 Jacksonville, FL 32208 Southside: 11160 Beach Blvd., Ste. 111 Jacksonville, FL 32246 Baker County 1184 South 6th Street Macclenny, FL 32063 Clay County 1845 Town Center Blvd., Suite 150 Fleming Island, FL 32003 Nassau County 96042 Lofton Square Court Yulee, FL 32097 Putnam County 400 Highway 19 North, Ste. 53 Palatka, FL 32177 St. Johns County 525 State Road 16, Suite 109 St. Augustine, FL 32084
  • The doors of Jacksonville’s Museum of Science and History were locked Tuesday. MOSH is shut down during the pandemic.  Local mom Lauren Lynch told Action News Jax it’s one of many changes she’s noticed because of coronavirus.  She added that keeping kids entertained is hard while stuck at home.  Lynch said, “That’s tough because she asks about the park everyday. My son, I want him to get out and start walking, and be outside.  In response to COVID-19, MOSH made their content available in all local homes.  MOSH Connect, the museum’s new program, has educational experiments, video demonstrations and downloadable activity sheets.  All of the content is online and free.  One of the posted activities is a catapult built with Popsicle sticks, rubber bands and a plastic fork.  The lesson is designed to demonstrate Newton’s 3 Laws of Motion.  Lynch said she’ll be exploring MOSH Connect with her kids.  She explained it’s an option to keep her kids occupied and safe inside.

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