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Washington meeting with the white house at the moment. the u.s. economy lost more than 700,000 jobs last month and according to latest jobs report that came out this morning at 8:30 a.m. it's the worst with scenes of the financial crisis 11 years ago. there is some relief coming for small business owners, the white house saying lending begins today. now trading down about 400 points, about 2% on the total. i will let's talk to john roberts on the north lawn. >> only down 400 points in the dow, and it kind of shows we are getting use to the new normal. no way to sugarcoat it though, the numbers...

Stuart what's your reaction to this? stuart: okay let me repeat those numbers because they are indeed pretty bad. we lost 701,000 jobs in the month of march and the unemployment rate went up to 4.4%. now that's bad, but it doesn't really paint a true picture of the employment market as we speak. this survey weak for the march jobs report was early in the month of march so it didn't really capture the full impact of the virus on our economy, so you can expect later in april, these jobless numbers will go way up. perhaps a better indicator of the true state of employment is the fact that 10 mill...

The day that small businesses officially can start applying and provided they keep the people on the books which is going to help the people who they have furloughed they may not have to, they will not have to repay those loans. stuart: that's true. they become a grant. if you take this government money and you don't lay people off, if you do that, you don't lay people off, then it's not a loan which has to be repaid. it's a grant, which doesn't have to be repaid. there's an enormous amount of money going out here, i think it's $377 billion, and treasury secretary mnuchin says look, if we run ...

Experts say to the leave it to the state's approach coming from the white house will cost lives. >> we don't want to be your body bags. i don't want to be your body bag. this is life or death. >> let's start with jo ling kent and ron allen. joe, we're going to start where we started yesterday, talking about the economy. help us break down the job report number, what it means for the u.s. economy coming on the heels of the unemployment claims that we saw reported yesterday. >> yeah, it shattered expectations. 701,000 jobs were eliminated. the unemployment rate ticked up 4.4% and that was the bi...

High caliber candidates that they want. but we want people to serve the community. also, we wit see over the mast couple of years, a number of highly publicized events, public confidence was eroded in the police department across the country. and i think peen people see that, they become more reluck rt to come into that area of service. it can be difficult to overcome that but it's our responsibility to try to overcome that. >> so the new officers that are sworn in are down in 724,000 in 2013 to 701,000 in 2016. i mean, that is a big decrease. i have a question for you. you mentioned yourself ...