Some of these problems are well known, particularly the perceived threat to jobs – an area where David Autor of MIT and the University of Oxford's Carl Benedikt Frey, among others, have already contributed significant scholarly work . Yet many other issues still need to be addressed. One is economic measurement. Standard definitions and data-gathering processes do not go far enough in capturing digital activities such as cloud computing and contract manufacturing.
Quite a lot has been going on:
African Americans bear the brunt of Covid-19's economic impact | US news | The Guardian
Even before Covid-19 hit the US in full force and as the overall unemployment rate hit record lows, black Americans had an unemployment rate that was almost twice the national rate.
In February 2020 when the overall unemployment rate was 3.5%, a 50-year-low, the black unemployment rate was 5.8%. The white unemployment rate was 3.1%.
"Whatever is being projected for the national unemployment rate, in most instances, we expect to see something close to twice that for black Americans."
Coronavirus Widens Europe's North-South Economic Divide - WSJ
Most nations of Europe's north are set to recover faster from their medically induced economic comas than those in the south, exacerbating a divergence of fortunes in the eurozone and feeding political tensions over how to pay for the fallout of the coronavirus pandemic.
In the north, Germany has a lighter lockdown, more fiscal firepower, and entered the pandemic in better economic shape. In the south, Italy has a worse health crisis, a deeper economic standstill and high debts that deter aggressive stimulus.
Bloomberg - Are you a robot?
Many things are taking place:
Economic recovery from the Covid-19 crisis will need a balancing act | Business | The Guardian
Can the health and economic risks be sensibly balanced? The risk of returning to work and school will not fall to zero until an effective vaccine has become widely available, or until the population has achieved "herd immunity". In both cases, that would probably take a year or longer. Still, there are several ways to reduce the health risks associated with a gradual return to normal economic activity.
Meanwhile, widespread social distancing, continued sheltering in place for the most vulnerable and staggered shifts for essential workers will continue to play a critical role, as will individual safety precautions, such as wearing masks in public and frequent hand washing.
Every State Posted Economic Gains in Year Before the Pandemic | The Pew Charitable Trusts
Widespread income growth across states in 2019 marked what appears to be the end of the longest economic expansion on record and a high-water mark before the coronavirus pandemic upended much of the economy. Every state experienced gains for the year in the combined personal income of its residents, a key economic indicator, although growth slowed in most states.
Economic analysts are sounding alarms about a recession in 2020. But the fourth quarter of 2019, the latest for which there is 50-state data, was the last to escape severe disruptions before the pandemic triggered business shutdowns, a stock market plunge, and an unprecedented spike in unemployment claims, problems compounded by a sharp drop in oil prices.
America is facing its first economic downturn since 2014 - CNN
The most important chart to support an economic re-opening: Morning Brief
And the U.S. appeared to be turning the corner. But the path towards a steady stream of more coronavirus tests still appears tedious and winding.
Over several days last week, the number of COVID-19 tests being done each day in the U.S. increased to around 200,000 from 150,000. Monday, however, was a bad day. And a reminder that we're both not close to offering a test to everyone who wants one nor doing enough testing to get a full view of the coronavirus outbreak.
Happening on Twitter
We must be determined in our unity for a society that cares for all. When the Coronavirus crisis passes, there mus… https://t.co/bnq10oAHsn jeremycorbyn (from UK) Mon Apr 27 11:21:01 +0000 2020
Happy Monday. Trickle-down economics is a cruel hoax designed to enrich the wealthy and corporations while drainin… https://t.co/BBXFBT8QHP RBReich (from Berkeley, CA) Mon Apr 27 20:05:25 +0000 2020
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