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A lot of this meme stock stuff is, I think, embarrassing to the SEC.

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Welcome to Prognosis.

I'm Laura Carlson.

It's day 43 since coronavirus was declared a global pandemic. Welcome to Prognosis. I'm Laura Carlson.

It's day 43 since coronavirus was declared a global pandemic.

Our main story? The U.S. is still trying to figure out what normal life looks like after a pandemic.

For a clue, we can look to Wuhan, China. The early center of the outbreak, where tight restrictions on movement, were lifted only weeks ago. Bloomberg's Beijing Bureau Chief,

Sharon Chen, visited Wuhan as the lockdown ended. She reports the city's residents are living

in a world that's far from normal.

But first, here's what happened today.

It was the fifth week that new unemployment claims reached astronomical levels. It brings the

five-week total during the pandemic to 26.5 million. That's the steepest labor market downturn

since the Great Depression. The number suggests that the U.S. jobless rate for April will

potentially reach 20%. That's double the U.S. jobless rate for April will potentially reach 20%.

That's double the 10% peak reached in the wake of the 2009 financial crisis.

Any minute now, the U.S. House of Representatives is expected to pass the $484 billion interim coronavirus rescue package.

They met for debate leading up to the vote while taking extraordinary health precautions.

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