What you need to know about coronavirus on Thursday, May 7

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What you need to know about coronavirus on Thursday, May 7
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Here's everything you need to know about the coronavirus pandemic today: 📩 Sign up to get the facts from CNN delivered to your inbox daily:

A version of this story appeared in the May 7 edition of CNN's Coronavirus: Fact vs. Fiction newsletter. Sign up here to receive the need-to-know headlines every weekday. The prospect of a prolonged economic slump is coming into sharp focus, as global forecasts project an economic collapse at a scale not seen since the Great Depression.

The staggering extent of the economic pain the United States now faces will be crystallized in two new rounds of unemployment data due to be released today and Friday. Every day brings signs that what first looked like temporary job cuts could turn into permanent layoffs. Families are already feeling the effects.

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