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Kevin Hassett, a senior economic advisor to President Trump, told CNBC's Squawk Box Monday that the U.S. is likely to experience a GDP decline of between 20% and 30% in the second quarter.

Why it matters: Hassett said the decline, driven by the coronavirus pandemic, will be the "worst since the Great Depression."

What he's saying: "The really bad news we've been seeing in the initial [unemployment] claims will be spread out over a couple of months, but I'm expecting that when we see the unemployment for the first week of May, we're gonna see a number that's maybe 16%, 17%."

  • "The question is 'What happens next?' And that's what we're focused on right now in the White House."

The big picture: Around 26.5 million American workers have filed for unemployment benefits in the past five weeks, and unemployment is likely already at Great Depression-era highs.

Go deeper: White House to shift to economic message on coronavirus

Go deeper

Updated Aug 4, 2020 - Health

The states where face coverings are mandatory

Data: Compiled by Axios; Map: Danielle Alberti/Axios

Mississippi Gov. Tate Reeves issued a statewide mask mandate on Tuesday for people in public, as well as teachers and students going back to school.

The big picture: 34 states, in addition to the District of Columbia, have issued some form of a mask mandate as infections surge across the country.

Caitlin Owens, author of Vitals
Aug 5, 2020 - Health

There’s not much good news about kids and coronavirus

Illustration: Annelise Capossela/Axios

The more we learn about kids and the coronavirus, the riskier reopening schools for in-person learning appears to be, at least in areas with high caseloads.

Why it matters: There have already been many reports about the virus spreading through schools and summer camps, and evidence has begun to support the notion that children can play a key role in community transmission.

Poll: 59% of Americans support nationwide 2-week stay-at-home order

People lay out on the grass while maintaining social distancing guidelines in Williamsburg, Brooklyn. Photo: Rob Kim/Getty Images

Over half of Americans surveyed in a new NPR/Ipsos poll support a mandatory, nationwide order to shelter at home for two weeks to slow the spread of the coronavirus.

Why it matters: COVID-19 deaths and hospitalizations are rising across the U.S., which saw dramatic surges in new infections this summer. More than 155,000 Americans have died, per Johns Hopkins.