Scott Rasmussen's Number of the Day for March 25, 2020
The Number of the Day columns published on Ballotpedia reflect the views of the author.
March 25, 2020: The National Restaurant Association estimates that five to seven million restaurant workers will lose their jobs due to the coronavirus pandemic in just three months. In an industry that employed 15.6 million workers before the pandemic, that means roughly one out of three restaurant workers is likely to lose their job.[1]
That estimate is consistent with comments from James Bullard, president of the Federal Reserve Bank of St. Louis. He believes the U.S. unemployment rate could hit 30% in the coming months.[2]
Bullard, however, thinks the economic contraction will be short-lived. After a transition quarter, he expects the economy will be “quite robust” and suggested we might enjoy an economic “boom.”[2]
As for the restaurant industry itself, revenue is expected to decline by $225 billion during the next three months.[1] An earlier Number of the Day noted that the airline industry was projected to lose between $63 billion and $113 billion as a result of the coronavirus.
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- March 24, 2020 –9 states have postponed presidential or congressional primary elections
- March 23, 2020 –32% of voters believe “Chinese virus” is a racist term
- March 20, 2020 –48% of voters believe media overhyped coronavirus
- March 19, 2020 –89% of voters support ban on travel from China
- March 18, 2020 –81% of U.S. voters concerned about coronavirus
- To see other recent numbers, check out the archive.
Scott Rasmussen’s Number of the Day is published by Ballotpedia weekdays at 8:00 a.m. Eastern. Click here to check out the latest update.
The Number of the Day is broadcast on local stations across the country. An archive of these broadcasts can be found here.
Columns published on Ballotpedia reflect the views of the author.
Ballotpedia is the nonprofit, nonpartisan Encyclopedia of American Politics.
See also
- Scott Rasmussen's Number of the Day
- Political responses to the coronavirus pandemic, 2020
- Changes to election dates, procedures, and administration in response to the coronavirus pandemic, 2020
- Federal, state, and local government policy changes in response to the coronavirus pandemic, 2020
Footnotes
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