Pat Sajak sides with out-of-work Americans, questions media telling those out-of-work to stay home
Pat Sajak sides with out-of-work Americans, questions media telling those out-of-work to stay home

By David Aaro | Fox News

Powell said that people hurt most from the coronavirus are those from lower-income households, adding they are likely in a position where they can least afford being out of work.

“We’re actually releasing a report tomorrow that shows that, of the people who were working in February who were making less than $40,000 per year, almost 40 percent have lost their jobs in the last month or so. Extraordinary statistic,” he said. “So that’s who’s really bearing the brunt of this.”

Even with protests sweeping the country, Powell believes that opening the economy won’t have a great impact unless people are confident to go out, which likely won’t happen until a vaccine is developed.

It’s also important to have enough testing when states reopen to prevent a second wave. Opening businesses too early could cause the economy to be impacted for even longer and lead to more deaths due to the virus.

“I would say though we’re not going to get back to where we were quickly. We won’t get back to where we were by the end of the year. That’s unlikely to happen,” the U.S. central bank chief said. “For the economy to fully recover, people will have to be fully confident. And that may have to await the arrival of a vaccine.”

Popular game shows like, “Jeopardy!” and “Wheel of Fortune” are currently taping without studio audiences in response to the ongoing virus outbreak. Both shows are filmed at a studio in Culver City, California.

As of Sunday night, the U.S. has more than 1,486,757 confirmed coronavirus cases, and at least 89,562 deaths from the virus, according to data from Johns Hopkins University.David Aaro is a Reporter at Fox News Digital based in New York City.

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