Im keeping this brief and to the point. Local leaders have been sounding at definite alarm for months about the need for direct fiscal assistance from washington as the virus rages in our city. Our budgets are under extreme stress. Arts fences are skyrocketing. Our essential lifesaving services are strained. The need for public assistance is through the roof. This has been going on since the beginning of the pandemic since march of last year. Today, only 38 cities have received direct relief yet mayors everywhere continue to do what we do everyday. We get it done. We run our cities with a balanced budget which we are required to do by law. So what does that mean . How do we possibly do that in the face of this tremendous crisis . It means the cut jobs. It means eliminating services and staff at the same time. Our First Responders have been on the job since day one of this pandemic transporting those with covid to hospitals with Public Health initiatives keeping social and family order
I want to thank her for an sent the National League of cities in the National Association of counties for their sheer dedication to this issue on badly needed federal assistance as we continue to fight the covid19 pandemic. A quick note for members of the press joining us today, we will take questions after brief opening remarks. If you have a question, please put your name and media outlet in the chat and well call on you. Im keeping this brief and to the point. Im keeping this brief and to the point. Local leaders have been sounding at definite alarm for months about the need for direct fiscal assistance from washington as the virus rages in our city. Fences are skyrocketing. Our essential lifesaving services are strained. The need for public assistance is through the roof. This has been going on since the beginning of the pandemic since march of last year. Today, only 38 cities have received direct relief yet mayors everywhere continue to do what we do everyday. We get it done. We r
A next brenon talking with experts. Policy good morning everybody in d. C. , good evening to nerve korea, welcome. This week on the capital cable, global threat. The bidenharris transition and the Foreign Policy environment theyll inherit. Tension, issues posed by dprk, china, and interpreting all the signs around the region. Our guests this week, john brennan is perfectly positioned to address this critical and evolving set of issues an we are lucky to have him here today. He needs no introduction but let me go through it. Former director of c. I. A. , former director of former principal advisor assistant to the president for counterterrorism and Homeland Security in the white house to president obama, former director of the National Counterterrorism center, career c. I. A. Officer, arabic speaker and author of the bestselling and i would add having read it myself, very interesting book undaunted my fight against americas enemies at home and abroad, he is someone who sits at the nexus
Stepping down after arguments over strategy, the bank prepares its search for his successor. Morning, under one hour until the start of cash equity trading. Equity markets under pressure. The futures picture shows relief. Ftse futures up 0. 4 . U. S. Futures point to the upside, up 0. 8 . Global stocks up 12 in november, the biggest monthly gain on record. Lets not forget that will me think about the losses yesterday and the rally he will maybe see today. Greens what we see now, a picture and it comes to the asian stock markets. Data from to take asia whether chinese or korean on the factory side. Be taking aems to turn for the better. In china a decade high for chinese manufacturing. Up on thed enthusiasm, and commodities in focus. Oil prices moving to the downside for a third day. No deal yet on opec and opecplus, and their plans for january. That will be a focus on thursday. Lets get a first word news of eight. Laura president elect joe biden has chosen janet yellen as his treasury
Net 245 thousand people went back to work in november. That is significantly slower than we have seen every month since we started gaining again. Private payrolls, only 344,000. Last month in october, that was 877,000. The unlimit rate does fall to 6. 7 , but that is in large part because fewer people were in the labor force looking for jobs. Heres the thing that i think is really going to be important as we look at how the pandemic reshaped the economy. You look at what happened with retail hiring. 35,000 jobs lost in retail in a month when they are usually hiring for holiday sales. Createdad 118,000 jobs in the warehousing and courier sectors, which are the people who work for the online sales departments. It is a real change. Finally, the total labor force is still 9. 8 million below where it was in february. So no matter how well we have come back, no matter what that initial v looks like, it is starting to flatten out now, and you still have almost 10 Million People who had jobs i