A UL Lafayette economics professor says his projections show the COVID Recession will hit Louisiana harder than Hurricane Katrina or the recent Great Recession. Gary Wagner says we are in a particularly vulnerable position due to our oil and tourism economy, plus the fact that our growth pre-COVID was flat. That all led to…
Wagner notes there are some rosier projections based around the potential to rapidly regain those lost jobs.
A House committee has approved a bill that would result in the state sending 250-dollar checks to some front-line employees who worked the early days of the pandemic. Crowley Representative John Stefanski objects though to using money from a newly created small business grant program.
A study from Scripps Research Institute indicates mutations in the strain of coronavirus circulating the United States may be much more infectious than the Wuhan predecessor. Kevin Barnhart has the story.
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Louisiana reports 928 new COVID positive tests today, 129 of them from previous backlogs. 20 additional fatalities from the disease are in as well, bringing the state overall total to 2,950, but in some good news hospitalizations decreased today after three straight days of increases.