The holidays were a slump. The jobs reports were not good. |
BLACK LIVES MATTER
PROTECT BLACK WOMEN!
END SARS NOW!
HER NAME IS BREONNA TAYLOR!
WEAR A DAMN MASK! SAVE A LIFE!
BLOGGER IS TRASH!
The U.S. economy added 245,000 jobs in November on a seasonally adjusted basis, says the Bureau of Labor Statistics. It was 224,000 fewer than economists had expected and a massive slowdown from the 610,000 jobs added in October, as the recovery is growing more sluggish.
The unemployment rate went to 6.7%, down from 6.9% in October. But the job drop occurred because more people left the job force in November. Of the people who were not counted in the labor force, 3.9 million were prevented from looking for work because of the COVID-19 pandemic.
The pandemic has destroyed the economy. Trump’s failure to take action has really put a major impact on the health care system, the economy and America’s moral.
Millions of Americans have continued to struggle with joblessness through no fault of their own.
President-elect Joe Biden said that he will focus on the pandemic. |
The pandemic unemployment benefits from the CARES Act will expire and Congress looks likely not able to finish the job. Trump and Congress can’t compromise on how to work out a “grand deal.” Trump has not spoken to Democrats since late 2019.
Sen. Mitch McConnell (R-KY) has held up bills passed by the House. He has no intentions of passing legislation in the final weeks of Congress.
Republicans are now becoming deficit hawks now.
Once Joe Biden takes the presidency, the Republicans will shamelessly complain about spending and budget deficits. They will try to rewrite history and demand Democrats to concede to spending cuts.
Currently, we have over 200,000 confirmed cases daily with COVID-19. We also have over 320,000 Americans killed from the coronavirus and over 17.3 million confirmed infections.
Things that make you go hmmm....!
1. President-elect Joe Biden and Vice President-elect Kamala Harris have assembled their team and stated that they will immediately tackle the pandemic. Biden has also hired Dr. Anthony Fauci as the member of his coronavirus task force. He also has hired Fauci as the U.S. national medical director.
2. Sen. Mark Kelly (D-AZ) gives the Democrats 48 members. He was sworn in by Vice President Mike Pence. The Democrats are hoping to win two difficult run-offs. Jon Ossoff and Raphael Warnock are down by five points against Sen. David Perdue (R-GA) and Sen. Kelly Loeffler (R-GA). The Republican senators are hoping to win their run-offs with support from Trump and Pence. The president is angry over the state certifying its results to Biden. It appears his supporters could boycott the runoff if Perdue and Loeffler fail to back Trump's ridiculous bid to overturn the results of the election.
4. The Senate has a bipartisan bill. Sen. Joe Manchin (D-WV), Sen. Bill Cassidy (R-LA), Sen. Susan Collins (R-ME), Sen. Lisa Murkowski (R-AK), Sen. Angus King (I-ME), Sen. Maggie Hassan (D-NH), Sen. Mitt Romney (R-UT) and Sen. Mark Warner (D-VA) rollout a COVID-19 pandemic relief package that is lower than the House passed bill. Sen. Chuck Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are supportive of it. But it's up to Sen. Mitch McConnell (R-KY) to take up the legislation. The Senate has been the most unproductive in modern history. Even with a Republican president, the Senate has worked less on spending bills and more on confirming federal judges.
5. The U.S. has nearly 20 million confirmed cases of the coronavirus. There are over 320,000 Americans who died from the coronavirus. The disease has spread across the states and many individuals are dying from it. Trump is telling the junk food media that the "virus will go away." Trump continues to blame Barack Obama for his failure to get the ball rolling on prevention. Trump deregulations have finally taken a toll.
6. Brick and mortar stores are shuttering in suburbia. Gap, Stein Mart, Golden Corral, Pier One, Chuck E Cheese, Lord & Taylor, Men's Warehouse, J. Crew and Neiman Marcus have filed for bankruptcy. Papyrus, Modell's Sporting Goods, Pet Valu and Art Van Furniture are going out of business and plan on liquidating their businesses. JCPenney, Macy's, Forever 21, Hallmark, Jo Ann Fabrics, Kmart and Sears are on death kneel. Walgreens, Walmart, Kroger are closing stores. Walmart and Kroger are no longer operating stores on a 24-hour format. The Waffle House, a longtime restaurant establishment that never closes has over 549 locations in the country still closed due to the coronavirus. The coronavirus has changed the dynamic of operations in superstores. They are closing stores at 8:30pm, midnight and 1am to eliminate workers. Dunkin (Donuts) are closing over 800 stores in the United States. Tim Hortons is closing 400 stores in the United States. Steak 'N Shake are closing over 125 stores in the United States. McDonald's is closing 300 stores in the United States. Walgreens is closing over 200 stores.
Joe Manchin and Bill Cassidy roll out their last attempt to pass COVID-19 relief. |
7. No one is seeing the results of the Job and Tax Cuts Act and the Coronavirus Aid, Relief and Economic Security Act. The Trump Tax Cuts and CARES Act hasn't really improved Americans lives. Congress squandered time. Now those in the airline, retail, luxury and hospitality industry will suffer during the holidays. Casinos, luxury cruise lines, airlines, hotels and sporting events were the most affected by the coronavirus. Now Trump is rolling out a tax holiday which is expect to take place in mid-September. For those who are willing to take it, they will get a small increase in their paychecks. However, when next year comes around, they'll end up paying for it in a wage deduction that could take over 15% of their paycheck.
9. The U.S. is formally out of the Paris Climate Accords. In 2018, Donald J. Trump formally withdrew from the climate change agreement citing it was not being fair to the United States. It was widely condemned by world leaders. President-elect Joe Biden has signalled he will return to the Paris Climate Accords and the Iranian Nuclear Deal.
10. Tensions are rising in the Middle East. An alleged terrorist attack on Iran has now sparked a possibility of a global war between Iran, Israel, the United States, Syria and Russia. The Israeli government allegedly used the Mossad to kill a top Iranian nuclear scientist in rural Tehran. The Iranian government is losing patience with the United Nations not issuing sanctions on Israel. The country has vowed that retaliation is coming. The Trump administration is create chaos for Biden. If Israel or the United States engage in combat with Iran, it could trigger World War III.
11. Due to the rise in COVID-19 cases, Canada, the United Kingdom, Australia, the European Union and Japan have temporarily banned Americans from entry.
12. Americans are struggling with paying rent on their homes. The CARES Act expired in July and many Americans are now suffering from the failure of Congress. The House of Representatives have passed their version of the CARES Act. The Republicans in the Senate have continued to stall legislation because of their stupid principles. Many Republicans continues to believe that Americans getting federal assistance are "lazy" and not willing to work. That ignorance should be an anchor on Republicans who are struggling to win their reelection bids.
13. Trump released a video on social media complaining about the election results. It was widely panned. The president did not spend any time talking about the pandemic nor the turmoil in the Middle East. Trump was making baseless claims about voter fraud and mail-in ballots. His campaign lawyers have went to state and federal court with these allegations. They were dismissed. Trump plans on campaigning again and he will make the case in Georgia. He also has threatened to boycott the Biden inauguration and plans on trolling it.
14. As of November 2020, the U.S. territory of American Samoa has little to no confirmed cases of the coronavirus.
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 |
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
Congress will try to restart talks on how to pass the CARES Act. The Republicans in the Senate will not work with the Democrats in the House to pass an extension of the stimulus.
Trump and Republicans believe that trickle down economics (i.e. free market capitalism) is helping Americans. Really, it's making people work harder and folks are not seeing the benefits of it. So far private equity firms are buying corporations and piling on debt. These companies can't sustain the debt and are forced to declare bankruptcy and eventually liquidation. Many of our nation's largest companies and start-ups have equity firms investing in them. When the firms want their money, they're going to get their money.
America is more divided under Donald J. Trump. He has created so much chaos under his four years as President of the United States. We will now see a prolonged future of protests and uncertainly.
Trump's legacy will not be judged well. |