“WASHINGTON (AP) — America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown. At the same time, the unemployment rate to a still-high 6.7%, from 6.9% in October, the Labor Department said. November’s job gain was down from 610,000 in October. Friday’s report of another slowdown in hiring was the latest evidence that the job market and the economy are faltering in the face of a virus that has been shattering daily records for confirmed infections. Before the pandemic, last month’s gains would have been considered healthy. But the U.S. economy is still roughly 10 million jobs below its pre-pandemic level, with a rising proportion of the unemployed describing their jobs as gone for good. Faster hiring is needed to ensure that people who were laid off during the pandemic recession can quickly get back to work. Two enhanced federal unemployment benefits programs are set to expire at the end of December — just as viral cases are surging and colder weather is shutting down outdoor dining and many public events. Unless Congress enacts another rescue aid package, meer as 9 million unemployed people will be left without any jobless aid, state or federal, beginning after Christmas. Friday’s report coincides with renewed efforts in Congress to reach a deal on a new rescue aid package. A bipartisan group of senators has proposed a $900 billion plan that would include expanded unemployment benefits, more small business loans and aid to state and local governments. But there are no signs of any imminent agreement. The gravest threat to the economy remains the raging virus, and most experts say any economic recovery depends on how fast an effective vaccine can be widely distributed and used. Amerikaanse. deaths from the coronavirus topped 3,100 Wednesday, a new high, with more than 100,000 Americans hospitalized with the disease, also a record, and new daily cases topping 200,000. In response, at least 12 states have imposed new restrictions on businesses in the past month, according to an Associated Press tally. For now, there are signs that the economic recovery is stumbling. Consumer spending grew in October at the slowest pace in six months. Seated diners at restaurants are declining again, according to data from the reservations website OpenTable. And a Fed report on business conditions found that growth cooled last month in several Midwest regions and in the Fed’s Philadelphia district. Still, the full impact of the worsening pandemic may not be evident in Friday’s jobs report, which measures hiring trends in the middle of the month. Some state restrictions weren’t imposed until later in November. As a result, some economists say the worst consequences of the pandemic won’t appear until the December jobs report is issued in early January.
Fox News’ Geraldo Rivera: Trump’s Not Speaking To Me Right Now
112 Uitsigte0 Opmerkings0 Hou van
["Fox News’ Geraldo Rivera said Tuesday that President Donald Trump isn’t speaking to him because he acknowledges the fact that President-elect Joe Biden won the election. The conservative commentator, who has describ...
Trump-administrasie Lowballs werkloosheidsvoordele in nuwe COVID-19-aanbod
144 Uitsigte0 Opmerkings0 Hou van
["Die jongste stimulusaanbod van die Withuis kom eenmalig $600 betalings vir die meeste Amerikaners en 'n klomp steenkool vir werkloses. Die nuwe voorstel wat deur die minister van finansies, Steve Mnuchin, aangebied is, het die $3...
Biden Selects Marcia Fudge As Housing Secretary, Tom Vilsack For Agriculture
88 Uitsigte0 Opmerkings0 Hou van
["WASHINGTON (AP) — President-elect Joe Biden has selected Ohio Rep. Marcia Fudge as his housing and urban development secretary and former Agriculture Secretary Tom Vilsack to reprise that role in his administration,...
Trump: Miljoene Amerikaners wat COVID-19 kry, is 'geweldig’ En 'n 'Kragtige entstof’
130 Uitsigte0 Opmerkings0 Hou van
["President Donald Trump het Dinsdag die groot aantal Amerikaners wat met COVID-19 besmet is, as 'geweldig' uitgespreek,”En beweer valslik dat al die gevalle as 'n 'kragtige entstof' dien. 'Ek dink dat die entstof ...
How To Deal With The Co-worker Who Is Constantly Complaining
124 Uitsigte0 Opmerkings0 Hou van
[]["fizkes via Getty ImagesComplainers may go to you because they feel like they are not being heard anywhere else. Here's how to treat their grievances with compassion.Everyone encounters a constant complainer at som...
MSNBC Names Rashida Jones President, Making History For Major Cable News Networks
175 Uitsigte0 Opmerkings0 Hou van
["MSNBC has named Rashida Jones its next president, making her the first Black executive to run a major general news cable network, The Wall Street Journal reported. Jones, who currently serves as the senior vice pres...
Bill Nye Explains Why Masks Keep Viruses In Those Pesky ‘Droplets Of Spit And Snot’ At Bay
151 Uitsigte0 Opmerkings0 Hou van
["Bill Nye explained the science behind face masks in a TikTok video posted on Friday, stressing that their effectiveness in stopping the spread of the coronavirus “is not that hard to understand.” Nye shared two map...