In 100 days, the Covid-19 pandemic has paralysed the global economy

US unemployment

Initial claims, millions

6

6,648,000 Americans filed jobless claims in the last week of March

5

4

3

2

220,000 people made claims in early January

1

0

4 January

28 March

S&P 500

Index

3,400

3,200

3,000

2,800

2,600

The S&P fell to 2,237.4

2,400

2,200

Jan 2019

6 April 2020

UK interest rates

%

6

4

Interest rates were cut to their lowest ever – just 0.1%

2

0

January 2000

March 2020

UK GDP

Annual change, %

2

0

GDP fell by 4.2% after the financial crisis of 2008

-2

-4

2000

2009

2019

US unemployment

S&P 500

Initial claims, millions

Index

6

3,400

6,648,000 Americans filed jobless claims in the last week of March

5

3,200

4

3,000

3

2,800

2

2,600

220,000 people made claims in early January

The S&P fell to 2,237.4

1

2,400

0

2,200

4 January

28 March

Jan 2019

6 April 2020

UK interest rates

UK GDP

%

Annual change, %

6

2

4

0

Interest rates were cut to their lowest ever – just 0.1%

GDP fell by 4.2% after the financial crisis of 2008

2

-2

-4

0

January 2000

March 2020

2000

2009

2019

US unemployment

S&P 500

UK interest rates

UK GDP

Initial claims, millions

Index

%

Annual change, %

6

3,400

6

2

6,648,000 Americans filed jobless claims in the last week of March

5

3,200

4

3,000

4

0

GDP fell by 4.2% after the financial crisis of 2008

3

2,800

Interest rates were cut to their lowest ever – just 0.1%

2

2,600

2

-2

220,000 people made claims in early January

1

2,400

The S&P fell to 2,237.4

-4

0

2,200

0

4 January

28 March

Jan 2019

6 April 2020

January 2000

March 2020

2000

2009

2019