Florida beaches remained packed with partying college students as the coronavirus crisis gathered force, and the Republican governor was slow to ...
FILE PHOTO: Surfers ride waves despite a Pinellas County beach closure due to coronavirus disease restrictions in Treasure Island, Florida, U.S. April 1, 2020. REUTERS/Eve EdelheitWASHINGTON: Florida beaches remained packed with partying college students as the coronavirus crisis gathered force, and the Republican governor was slow to impose social distancing in a tourist-dependent economy.
Florida is the only heavily populated state near the top of the list, with a comparatively large share of its 21 million residents over the age of 65, and an economy that is relatively dependent on retail sales and tourism. "Lockdown and containment measures are the key determinants of first-round economic impacts of the coronavirus, but structural economic vulnerabilities determine the severity of second-round impacts," Oxford lead economist Oren Klachkin wrote. Long-term results could depend on the strength of local government budgets and health systems.
President Donald Trump initially downplayed the dangers of the virus and did not quickly recommend nationwide health orders. IHS Markit US regional economist Karl Kuykendall also ranked Florida among the more vulnerable states, using a different methodology focused on estimated declines in employment and economic output. The state may lose about 8per cent of its jobs by the end of the year, he calculated.
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