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theSkimm50 West 23rd Street, Suite 5B; New York, NY, 10010, United States Update Profile

MARCH 27, 2020

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  QUOTE OF THE DAY  

"Be kind to your employees with kids" – The infamous "BBC Dad," who a ton of parents can now relate to.

UNEMPLOYMENT

The Story

A record number of Americans filed for unemployment benefits last week.

How many?

Nearly 3.3 million – the largest weekly uptick in claims since the Labor Dept began collecting data in 1967. It's the biggest sign yet of the economic damage from COVID-19. The numbers stood at about 280,000 earlier this month. But as businesses were forced to close or limit their services, laying off or furloughing workers, unemployment claims have skyrocketed.

So...does this mean we're in a recession?

Not yet – a recession happens when the economy has a significant decline for at least six months. But economists pointed out that during the Great Recession (2007-2009), the highest number of unemployment claims per week stood at about 665,000. Last week was about five times more than that. Experts predict that number to go up in the coming weeks as layoffs and bankruptcies continue. Some economists estimate about 14 million people (around 4% of the US population) will lose their jobs by the summer. It wasn't the only tough news from yesterday.

Tell me.

Yesterday, the US became the country with the most reported cases of COVID-19 in the world, surpassing Italy and China. About 85,000 people are known to be infected and more than 1,000 have died. Earlier this week, President Trump said he'd "love" to have the country ready to go by Easter. Now, he's taking the weekend to reassess his plans to "open up" the country by reducing coronavirus restrictions.

theSkimm

It's become increasingly clear that COVID-19 is wreaking havoc on Americans. Unfortunately, experts warn the fallout is likely to get worse before it gets better.


Skimm More: Do you or someone you know need to file for unemployment? We explain how to here.

BEHIND CLOSED DOORS

As millions of people stay home to contain the spread of COVID-19, advocates for domestic violence survivors worry the number of people in need of help could grow. Experts say guidelines like social distancing, stay-at-home orders, and stress from the pandemic put a survivor at greater risk of their abuser.


Every year, more than 10 million Americans experience domestic violence. Already, the National Domestic Violence Hotline is getting reports of abusers using the coronavirus as an opportunity to harm domestic partners. Some survivors are not going to shelters or the hospital when needed out of fear of getting the virus. Others are leaving shelters altogether for the same reason.


To help, some orgs are offering remote services like counseling. And recommend survivors create a safety plan, practice self-care, and reach out for help.


If you or someone you know is experiencing domestic violence, contact the National Domestic Violence Hotline by calling 1-800-799-7233. If you're unable to speak safely, you can log onto thehotline.org or text LOVEIS to 22522.

AND ALSO...THIS

Who's a wanted man…

Venezuelan President Nicolás Maduro. Yesterday, the US Justice Department charged him and several of his associates with alleged narcoterrorism, drug trafficking, and corruption. Attorney General William Barr said those charged caused "tons of cocaine to enter and devastate American communities" for over 20 years. And that for years, Maduro headed up a violent drug cartel known to work with Colombian rebel group FARC...all while leading the government. The Trump admin is offering a $15 million reward for info leading to Marudo's capture or conviction.

  • A tale of two presidents: Venezuela's 2018 re-election left the country with two presidents – Maduro and opposition leader Juan Guaidó. The US and dozens of other countries are team Guaidó. But Maduro is backed by Russia, Iran, and China and has been accused of staging a parliamentary coup to stay in power.

  • Dialing it up: The Trump admin has threatened Maduro's gov with sanctions multiple times in the past year. This new indictment is seen as an escalation of the Trump admin's efforts to pressure Maduro to leave office.

Thing To Know: Narcoterrorism. Aka when cartels or other organized groups use drug trafficking to fund politically motived terrorist activities (think: bombings and kidnappings).


Who's decided to play nice...

This new duo. Yesterday, Israeli Prime Minister Benjamin Netanyahu and his chief rival, Benny Gantz, called a truce and agreed to form an emergency unity government to tackle the coronavirus pandemic. Reminder: Netanyahu and Gantz went head-to-head in three elections in less than a year. But neither managed to form a majority coalition gov. Now, it looks like Netanyahu gets to keep his seat and Gantz will serve as parliamentary speaker...for now. Rumor has it the two could soon start taking turns as PM, an unprecedented move for the country.


Who's stepping up to the occasion…

Airbnb. The company said it's working to provide "free or subsidized" housing to 100,000 health care workers and first responders fighting the coronavirus. Also, Dyson. It's producing 15,000 newly designed ventilators to help with the global shortage. NYU is saying 'happy early graduation' to dozens of fourth-year med school students, in an effort to get more health care workers to help combat COVID-19.


...Oh and these brands are here to remind you what social distancing looks like.


While Meghan Markle's turning to Disney documentaries...

Elton John's turning to living room concerts. This weekend, the singer wants you to feel the love as he hosts a star-studded, socially distanced benefit concert to raise money to combat COVID-19. Save the date for Sunday 9pm ET.


Skimm More: Our app curates events like these so you never miss out. Download to start your free trial and sync our cal to yours.


What's sweeter than frozen custard…

This order.

SKIMM MONEY

COVID-19 has the economy feeling, well, like sh*t. Which is why you keep hearing the word recession. It's scary. It's confusing. And you were maybe still in school during the last one. We're here to Skimm it for you.


Next Thursday, 4/2, at 10 AM ET, join us for 'Recessions, Skimm'd.' We're doing a live powerpoint (hey, don't fix what's not broken) to walk you through what you can expect, how you can prepare, and what you should be doing with your money. Sign up here.

SKIMM READS

"My Dark Vanessa" by Kate Elizabeth Russell


Buzzy book meets publishing world controversy meets a story made for the #MeToo era. It follows a 15-year-old student (Vanessa) who enters into an affair with her 42-year-old English teacher. 17 years later, as the #MeToo movement is unraveling, Vanessa untangles the complicated feelings about her past relationship. It's explosive and timely and is one of those books that'll definitely come up at the dinner table.

PRESS PAUSE

The COVID-19 pandemic is affecting us all in different ways. No matter your situation, sometimes you just need to press pause. Enter: our picks to help you take a break…


1. This list of '90s movies. Because you need a movie marathon to remember a time that wasn't...this. Nostalgia, so hot right now.


2. This cult favorite mascara. So you can get all dressed up for virtual happy hour. The best part? They're donating 100% of proceeds from all purchases made today to COVID-19 aid.


3. Digital cooking classes. Live on Instagram. And perfect for kids. Today's lesson? Mason jar ice cream. I scream, you scream. You know the rest.


PS: Sign up to get our fave picks to press pause with in your inbox on Monday. Hint: there are throwbacks, podcast recs, workouts, and more. See you soon.

SKIMM PICKS

For when you've got a major case of the blahs...

'Tis the season. Enter AllerLife. A new line of drug-free wellness supplements**. Made to help allergy sufferers escape "Allergy Blahdom†." Aka that bleary feeling that can happen, even after meds have relieved allergy symptoms. Try one of their three formulas. Learn more.*


For when you have extra time to burn…

Get your fit on with this company. They use behavior change psychology to help your overall wellness. And develop better habits to live a healthier life. Plus their program can be accessed from anywhere. Let it burn.*


For when you miss your weekly family dinners…

Say it with pictures. This touch-screen photo frame can make your fam feel closer. Because you can email them pics and they'll appear in their frame. Send one to mom to show off your cooking. Skimm'rs get free shipping. Strike a pose.*


For when your teen cousin is always teaching you about new tech…

Offer them up a summer code camp. Karlie Kloss has a nonprofit called Kode With Klossy and they're now accepting applications for their 2020 coding camps. Psst...they're totally free and in over 25 cities nationwide. Apply today.

*PS: This is a sponsored post.
**These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.
†AllerLife does not treat allergy symptoms such as runny nose, itchy eyes, or watery eyes.

SKIMM'RS

In times like these, community matters more than ever. Send a shoutout in the link below to the people you're missing while social distancing. Or let us know how you (or someone you know) is making an impact by helping others.


Eating fresh food with...Anya R (NY). She runs Bad Apple Produce, a small grocery delivery business in NYC. She spoke to us about how she's keeping her company going through these tough times, and helping New Yorkers at the same time. Watch here.


Staying in focus with...Cara S (MA). She's launched The Front Steps Project, which features photographs of families on their front porch. In exchange for a digital photo, she's asking families to donate to food banks helping feed families in need during the pandemic.


(Some) Birthdays...Adam Heller (NY), Bob Belfer (NY), Michael Chesner (NY), Alexandra Vojdany (NY), Tom Glasgow (NY), Suzanne Gallanter (NJ), Donna Wertalik (VA), Vanessa Jimenez (CA), Dave Williams (GA), Kelly Davis (TN), Judith Crysler (MI), Dara Freudenthal (NY), Yelena Sokolov (MD), Kat Hanes (CA), Tammy Lagasse (FL)


*Paging all members of theSkimm. Reach out here for a chance to be featured.