Stocks into value encyclicals keep up . Havens are bringing back some ground. The Federal Reserve warns there could be major downside for asset prices if the Economic Impacts of the virus is not mitigated. Will a vaccine or stimulus come soon enough . Welcome to the program, happy tuesday. Picking news from the u. K. , jobs data giving us a picture of the damage done or avoided on the u. K. Economy. The unemployment rate, a three month figure, we get an ,nemployment rate of 4. 8 exactly what was anticipated. It was on the rise. Very cushioned by the furlough scheme over the summer, and the end of september. Where we are on the jobless claims number, we have i go to this because we do not have survey data but it is interesting because it is october data, a little more impactful. The jobless claims change down by 29,800. , that looks lower than the prior period. Some of the data seems an improvement on the previous period. I go to that redhead line on the u. K. Unemployment story. 164,00
So moved. Second. All in favor . Aye. Aye. Can i have a motion to not disclose anything that was said . So moved. Second. All in favor . Aye. Thank you. Okay, pledge of allegiance. I pledge allegiance to the flag of the United States of america. And to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Okay. Item 7 announcements. Please be advised that a member of the public has three minutes to make pertinent comments on each agenda item unless the portion commissioner has a shorter period on any item. Note that during the Public Comment period, the moderator will dial in participants to use their touchtone phones to register in a desire for Public Comment. And audio prompts will signal to dial in participants when the audio input is enabled for commenting. Please dial in only when the item that you wish to comment on is announced. Item 8, executive directors report. Good afternoon, commissioners. Michael martin, Deputy Director of r
My concerns about longterm sustainability. President breslin okay. Who made the motion again . Clerk commissioner lim. President breslin would you like to withdraw your motion or modify i think the concern of commissioner follansbee is getting all the commissioners i mean, getting all the health lines answer questions about increases. Id be willing to withdraw this, but remember the timeline, although i wont be there for the next meeting regarding the renewal for next year. President breslin commissioner lim, you will be there for the next meeting in may. Clerk no, he will not, president breslin. His term ends tomorrow. Commissioner simanski would be there, as long as we get others sworn in. President breslin well, i think its fair if they have the same questions across the board here, so they could be done at the next meeting and dispose of this. Just some clarification, and i think mike would be able to help me on this one. Blue shield this is a flex funded plan, unlike kaiser. Its n
Manager. Hes with us today. The study is looking at five Sea Level Rise curves. We intend Robust Community input along the way. If the army corps finds a federal interest in the project and Congress Authorizes the project, that opens up the door to very significant federal funding, 65 federal, 35 local. Next slide, please. Were looking at the entire port plus aquatic park, the National Park up there and looking at five neighborhoods. Weve identified what were referring to as four areas in the study area separated by high grounds where you could have independent flood risk mitigation. And were drilling down into an even finer level of detail in 1o varied and unique in locations. Next slide, please. We start by flood modeling. Using those Sea Level Rise curves, looking at recurring flood damages over the 50year study period. The army corps is the lead in this effort through their Economic Modeling and they can calculate flood damages for that 50year period in todays dollars. And thats im
So moved. Second. All in favor . Aye. Aye. Can i have a motion to not disclose anything that was said . So moved. Second. All in favor . Aye. Thank you. Okay, pledge of allegiance. I pledge allegiance to the flag of the United States of america. And to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Okay. Item 7 announcements. Please be advised that a member of the public has three minutes to make pertinent comments on each agenda item unless the portion commissioner has a shorter period on any item. Note that during the Public Comment period, the moderator will dial in participants to use their touchtone phones to register in a desire for Public Comment. And audio prompts will signal to dial in participants when the audio input is enabled for commenting. Please dial in only when the item that you wish to comment on is announced. Item 8, executive directors report. Good afternoon, commissioners. Michael martin, Deputy Director of r