Economic Normalization Will Begin in 11 States of the USA

Economic Normalization Will Begin in 11 States of the USA

In the United States, measures to address the coronavirus outbreak will begin to be relaxed in designated states. designated states. In 11 states, including Alabama, Arizona, Iowa, Ohio, and Texas, earlier and implemented measures and restrictions will begin to be gradually loosened starting May 1 today. The plans of the states to return to normal began to be announced after the President of the United States, Donald Trump, stated that the restrictions imposed on the coronavirus outbreak would be relaxed in 3 stages and that the decision-making authority was in the governors of the respective states. BUSINESSES WILL BE RE-OPENED WITH SOCIAL DISTANCE Among the 11 states in which Alabama, Arizona, Idaho, Iowa, North Dakota, Ohio, Oklahoma, Texas, Utah, Wyoming, and Maine are located, it has been announced that restrictions on coronavirus outbreaks will be relaxed as of May 1, beginning on May. The aforementioned measures will be removed at the 3-stage plan level announced by the White House. In the first stage planned, restaurants, movie theaters, shopping centers and places of worship in the 11 provinces will be opened on condition that they comply with the social distance and hygiene rules. Even if the steps to be taken by the states vary, to be valid for all states; schools were decided to remain closed until the end of the academic year. KEEPING BUSINESSES CLOSED HAS HIT THE LABOUR MARKET In the United States, one of the countries where the coronavirus epidemic has suffered the most, economic activity has been severely damaged due to restrictions set to control the outbreak. The economy of the United States suffered much greater losses compared to the global financial crisis in 2008, with a contraction of 4.8 percent in the first quarter of this year, along with the economic damage caused by the coronavirus epidemic. With the closure of businesses in the country, the labor market suffered greatly, while the number of people who applied for unemployment benefits for the first time in the United States has reached 30 million 307 thousand in the last 6 weeks.