Bonbon!

The first jobs report under Biden shows slow growth.

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The unemployment rate is the key indicator of a steady economy. This is the final jobs report from former president Donald J. Trump. President Joe Biden will inherit the economic crisis and the global pandemic. 

U.S. employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

The tepid increase followed a decline of 227,000 jobs in December, the first loss since April. The unemployment rate for January fell sharply from 6.7% to 6.3%, the Labor Department said Friday. About half the drop occurred because some of those out of work found jobs, while others stopped looking for work and were no longer counted as unemployed.

Friday's figures reflect a faltering job market, slowed by a viral pandemic that is still causing consumers to avoid traveling, shopping, dining out, attending entertainment venues and engaging in other forms of face-to-face contact. Nearly 10 million jobs remain lost to the pandemic.

Some states and localities re-imposed restrictions on businesses in December as cases spiked. Some of those restrictions were loosened in January, though perhaps not in time to affect the jobs report, which measures employment in the middle of each month.

As hiring has slowed, many employers have continued to lay off workers. The number of applications for unemployment benefits, though declining for the past few weeks, remained at an elevated 779,000 last week.

The hardships that millions of Americans are suffering trends have fueled President Joe Biden's push for a $1.9 trillion stimulus package, which would provide $1,400 checks for most U.S. individuals and a $400 weekly unemployment payment on top of state benefits. The package would also extend two federal jobless aid programs, from mid-March through September.

Nancy Pelosi and Chuck Schumer are going to move forward with or without Republican support.

The damage to the job market since March has widened financial inequality in the United States, especially hurting women and people of color. At the same time, Americans fortunate enough to have kept their jobs have amassed $2.3 trillion in savings - double the pre-pandemic total. That enlarged pool of savings could fuel a rapid rebound in spending as business restrictions are lifted and more Americans become more confident about shopping, dining out and traveling.

Economists increasingly suggest that as vaccinations reach a critical mass in the coming months and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions. Bank of America estimates that growth could reach 6% this year, which would be the fastest since 1984.

Some hopeful signs have emerged recently to suggest that the economy might be picking up a bit. Auto sales rose solidly in January. And a gauge of business growth in the service sector picked up to its highest level in two years. It also showed that services firms added workers last month. A separate measure of manufacturing indicated that factories are also expanding. So is spending on home construction.

Since the pandemic wiped away 20.9 million jobs, the economy has been struggling to regain its footing. The failure to prepare for this global pandemic has ruined everything Trump's done since he's entered the White House. 

Things that make you go hmmm.....

1. President Joe Biden has told Senate Democrats that if Republicans refuse to work with him on the COVID-19 relief, he wants them to pass it through budget reconciliation. The Democrats have voiced frustration with Republican obstruction,

2. Rep. Marjorie Taylor Greene (R-GA) was stripped of her committee positions after numerous videos surfaced showing the Georgia lawmaker openly endorsing violence against Americans. Republicans refuse to hold their members accountable for their actions leading up to the insurrection. 

3. The Senate will be in split 50-50. The Georgia run offs were successful for the Democrats. Vice President Kamala Harris is the President of the Senate. She will be the deciding factor to Biden's agenda. The Senate Democrats hint that opposition to Biden when it comes to his Cabinet and federal judges will not be tolerated. 

 

4. Donald J. Trump becomes the first U.S. President to be impeached twice while in office. His disgraceful legacy will be judged by historians and the insurrection only sealed his fate. The American people believe he holds responsibility for inciting a mob to attack the U.S. Capitol. He was impeached for inciting of insurrection. Trump refuses to stand trial in his impeachment trial. The trial will be held on February 8. Former vice president Mike Pence will live in Washington, DC. He took on senior fellowship role with the Hertiage Foundation.  Trump is a part of the "One-Term" club. Even in Norton, Kansas, the "Failed Presidential Candidates" Museum placed Trump's picture next to his former rival Hillary Clinton.

5. The U.S. has nearly 50 million confirmed cases of the coronavirus. There are over 500,000 Americans who died from the coronavirus. The disease has spread across the states and many individuals are dying from it. 

Biden hopes to have Republican support on his COVID-19 relief package.

6. Brick and mortar stores are shuttering in suburbia. The coronavirus has changed the dynamic of operations in superstores.  

7. Folks affected by COVID-19 are not working. Those who have worked a full-time job or multiple jobs are now forced off because of state order shutdowns. Some have worked one or more jobs to stay afloat. Conservatives have claimed that Americans who use the safety net are lazy. They now see the impact of Americans being laid off from their jobs (at no fault of their own). They still are trying to make the argument that folks who are now getting these checks are going to demand more. A measly $1,200 isn't going to help Americans spend. It's going to help them one time with bills and rent. They don't realize that many Americans are working more than 40 hours and are often staying longer hours or working a second job to pay rent, mortgage or vehicle expenses. Insurance rates are up due to Trump rolling back regulations, eliminating the insurance mandate of the Affordable Care Act, and private insurance companies aren't paying for natural disasters and human based disasters. Biden has signed off executive orders to repeal the former president's executive order.

8. Due to the rise in COVID-19 cases, Canada, the United Kingdom, Australia, the European Union and Japan have temporarily banned Americans from entry. The United States extended its ban for travel to South Africa, Brazil and the United Kingdom due to the mutated strain of COVID-19.

9. The United States has confirmed that the Pfizer and Merdona have vaccines were issued to approximately 20 million Americans. Biden wants to continues to push more vaccines to lower income and people of color. The United Kingdom has authorized its use. 

Here's the outliner of the unemployment by state, territory and the District of Columbia.

Rank	Rank (50 states)	State federal district or territory	Unemployment rate (seasonally adjusted)	Monthly change (%) (=drop in unemployment)
—	—	Northern Mariana Islands[6]:60, 66, 103, 109	11.2%	—
34	—	American Samoa	11.4%[5]	—
51	48	Nebraska	8.3%	4.1
53	50	Connecticut	7.9%	4.2
52	49	Minnesota	8.1%	5
39	—	District of Columbia	11.1%	5.1
46	44	Missouri	9.7%	5.2
35	34	New Mexico	11.3%	5.4
42	40	Arkansas	10.2%	5.4
48	46	Wyoming	9.2%	5.5
46	44	Utah	9.7%	6.1
50	47	North Dakota	8.5%	6.3
42	40	Iowa	10.2%	6.5
45	43	Maryland	9.9%	6.6
35	34	Colorado	11.3%	6.8
42	40	South Dakota	10.2%	6.9
29	29	Arizona	12.6%	7.1
40	38	Virginia	10.6%	7.3
25	25	Alaska	12.9%	7.3
40	38	Maine	10.6%	7.4
19	19	Louisiana	14.5%	7.6
32	32	Georgia	11.9%	7.7
30	30	North Carolina	12.2%	7.8
35	34	Montana	11.3%	7.8
28	28	Texas	12.8%	8.1
38	37	Kansas	11.2%	8.1
25	25	Florida	12.9%	8.6
33	33	Idaho	11.5%	8.9
15	15	West Virginia	15.2%	9.1
16	16	Pennsylvania	15.1%	9.1
21	21	Delaware	14.3%	9.2
25	25	Alabama	12.9%	9.4
31	31	South Carolina	12.1%	9.5
11	11	Kentucky	15.4%	9.6
19	19	New York	14.5%	10
11	11	Mississippi	15.4%	10.1
10	10	California	15.5%	10.2
11	11	Washington	15.4%	10.3
24	24	Oklahoma	13.7%	10.6
23	23	Wisconsin	14.1%	10.7
22	22	Oregon	14.2%	10.9
18	18	Tennessee	14.7%	11.2
6	6	Ohio	16.8%	11.3
14	14	New Jersey	15.3%	11.5
7	7	Illinois	16.4%	11.8
16	16	Massachusetts	15.1%	12.2
9	9	Vermont	15.6%	12.4
4	4	Rhode Island	17%	12.4
8	8	New Hampshire	16.3%	13.7
5	5	Indiana	16.9%	13.7
2	2	Michigan	22.7%	18.6
3	3	Hawaii	22.3%	19.7
1	1	Nevada	28.2%	21.9
54	—	Virgin Islands[8]	5.2%	0.1
49	—	Puerto Rico[7]	8.8%	0.1
55	—	Guam[9][10]	3.6%	1.0

Now many facilities are dealing with the fallout of the coronavirus. They are setting up face guards, they reducing facility capacities, cutting hours and making mandatory distancing at businesses.

No one can wait forever for changes. Congress is made up of old, white and well off politicians.

Food prices, energy prices, rent, city services and college education have risen. With folks not working, the fears of being thrown on the street are live and direct. Folks are struggling to make ends meet as well as landlords, mortgage brokers and those who need the money to repair facilities.

Real Reasons To Why Unemployment Rate Stays The Way It Is!

1. DEAD

2. BORN

3. IN PRISON

4. IN PRIMARY SCHOOL

5. IN MIDDLE SCHOOL

6. IN HIGH SCHOOL

7. IN COLLEGE NOT LOOKING

8. VOLUNTEER

9. DISABLED 

10. STAY AT HOME PARENT

11. RETIRED

12. QUIT ON THEIR OWN

13. NOT HIRING QUALIFIED

14. NATURAL DISASTERS

15. ACTIVE MILITARY 

16. NOT HIRING TOO QUALIFIED

17. LAID OFF

18. FIRED FROM THE JOB

19. DESTRUCTION TO FACILITY

20. OUTSOURCING

21. IMMIGRANTS TOO AFRAID OF BEING DETAINED BY I.C.E.

22. SHAMED BY SOCIAL MEDIA (BY ACTIVELY TAKING PART IN IN ILLEGAL ACTS).

Biden inherits a huge mess from Trump. Biden won't get a pass from conservative agitators.In the four years of his presidency, America has become more divided, sicker, poorer and dumber. 

The pandemic has killed over 500,000 Americans. The coronavirus has a daily kill rate of 5,000 a day. There are over 35 million people in the United States infected by the coronavirus. There is no end in sight. Despite Pfizer and Moderna rolling out their vaccines, the American people will not get vaccinations in 2021. It may be going into 2022.

By that time, U.S. television shows will be permanently cancelled. There will be nearly 1.4 million Americans dead. There will be possible new strains entering the country and being immune to the coronavirus.

If things don't improve, we might call ourselves and endangered species. Trust me, the United States has for the first time had a slower birth rate. Our death rate has increased significantly. 

Due to the coronavirus and gun violence, the country will be stalling on growth.