Charles Morgan Good News For Jobs, Bad News For Covid-19

Plus: Covid-19 is the new party favor

The Covid-19 pandemic and the American economy are so intertwined right now that it’s impossible to talk about one without the other. The end of June brought both good and bad news: last month, the U.S. added almost 5 million jobs, and unemployment fell to 11%. That’s the good news. The bad news is that millions of Americans have still lost their jobs, and cases of Covid-19 are only continuing to increase. Even if President Trump hopes the virus will just “sort of disappear,” it’s clear that we need to make changes if we want to survive both the economy and the virus going forward.

P.S. There will be no coronavirus newsletter tomorrow. I hope everyone has a relaxing and safe holiday weekend!

Business

The unemployment gap between Black and white Americans is the largest it’s been since 2015, and is only being exacerbated by the pandemic.

Here’s a handy infographic to see how much each U.S. state spends per person on public health. Hint: some states spend way more than others.

Science & Health

The U.S. has negotiated with Gilead to buy almost all of the world supply of potential Covid-19 treatment remdesivir; what does this mean for sick people in other countries?

A new (not yet reviewed) research paper determined that protests over the murder of George Floyed were not the reason for the recent spike in Covid-19 cases.

On the Upside

VR For Anxiety: Meet the companies using virtual reality to treat stress and anxiety related to the coronavirus pandemic

Reopening America

Forbes spoke to public health experts, industry associations and entrepreneurs from across the country about best practices for reopening with sector-by-sector guides for consumers and businesses alike and updated weekly.