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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 Dec 8, 2020 - Health

The states where face coverings are mandatory

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

Wyoming on Monday became the latest state to implement a mask mandate to fight COVID-19, amid a steep spike in cases across the country.

The big picture: States are reintroducing mitigation efforts like closing businesses and advising people to stay home as the U.S. averages the most daily cases of any point in the pandemic.

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.