1 million people have filed for unemployment since March 13

California Governor Gavin Newsom reported Wednesday that 1 million residents have filed for unemployment since March 13.

With unemployment skyrocketing and individuals struggling to make ends meet, Newsom said four of the nation's largest banks have agreed to temporarily suspend mortgage payments for those affected by the coronavirus.

Wells Fargo Citibank, JP Morgan Chase and US Bank have all agreed to the 90-day grace period.

"Unfortunately Bank of America didn't publicly commit to that," Newsom said during a press conference. "They committed to just 30 days. I hope they will reconsider."

The news comes after Congress reached a deal with the Trump administration on a stimulus package that will increase unemployment benefits by $600 per week on top of what the state provides.

Newsom addressed ways the state is preparing for the spread of the virus by securing more medical equipment for healthcare workers and hospitals. The state has distributed 24.5 million N95 masks and 100 million more masks, 150,000 testing kits, 1,225 ventilators and 2,000 hospital beds are on their way to the state.

"This herculean effort is taking real shape," he said.

The state has 2,535 infected patients and Newsom said the number of cases between Tuesday and Wednesday went up 17%. Of the state's positive tests, 51% are age 18 to 49.

"Don't think for a second that we're a day or two from lifting that order," he said. "We're not. We're not even a week or two."

He encouraged residents to obey the shelter-in-place order and stay home except for essential needs.

"We can bend the curve," he said. We can defeat this virus but we can’t defeat it unless we commit to our individual obligations. These stay-at-home orders are real. They are a bipartisan order. This is not a rural order. It is not a Democratic order or a Republican order. Let’s meet this moment all the way through. Halfway is no way."

The Associated Press contributed to this story.

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