The headline number, 57. 5, down from 59. 3. This is a very elevated number by historical standards still, but there are signs of some weakness creeping into those figures. It was unlikely they would remain as high as they did. The survey number was 58. We come through with a headline number of 57. 5. Prices paid a little light as well. The employment number has dropped quite significantly. This may be something you want to Pay Attention to. Remember, we are waiting for the payrolls number friday. 48. 4 is where we are coming through their. Construction spending month on month, 1. 3 . Lets break it all down. Lets get some details. Mike mckee come over to you. Michael you gave us most of the details there that matter, especially that employment number. That has been concerning people in the markets. We have seen a slowdown in the economy reflected in the topdown numbers, although manufacturing has been the source of strength in most economies around the world since the depth of the covi
3, 2, 1. This hearing will now come to order. Is in a hybrid format and the hearing room has been configured to maintain the recommended six foot social distancing between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. , a those joining remotely few videoconferencing reminders which you should be familiar with at this point. Once you start speaking, there will be a slight delay before your display on the screen. To minimize background noise, click the mute button until it is returned to speak or ask questions. Issue,e is a technology we will move to the next senator until it is resolved. I remind senators and our witnesses the fiveminute clock still applies. Those remote should have on your screen one of the boxes labeled clock which will show how much time is remaining. Weve had some trouble getting those boxes to everyone screen or at least getting everybody to be able to find them and follow them. We are going
On cspans q a. Next, a hearing to examine the issue of College Athlete compensation. The Senate Health education and Labor Committee heard from College Athletic programs about how athletes could be compensated for their name, image, and likeness, which organization should oversee these decisions, and what implications it could have on the student athlete model. This is two hours and 15 minutes. [inaudible] good morning. The committee will come to order. There is no room for the public. The press is covering it as a pool. You can watch this on streaming or there will be an unedited recording that everyone can watch. All of our Witnesses Today and some senators are participating by videoconference. I would like to Say Something about masks. The office of attending physician has advised that senators and witnesses may remove their masks to talk into the microphones since our chairs are six feet apart. Thats why my mask is off when im not back here. Im grateful to the rules committee, the
The bipartisan poster board of governors engaged the professional search firm that identified him as an outstanding candidate with the necessary background and skill set to tackle the enormous challenges facing the postal system. The bipartisan governors unanimously approved his appointment as postmaster general. Mr. Dejoy reports to the board, not the president. Another false narrative that has been a failure to provide another false narrative a failure to provide funding to the Postal Service will undermine the election. The Postal Service currently has 15. 1 billion in cash on hand, following a betterthanexpected Financial Performance during the pandemic. Rather than being down, the Postal Service revenue is actually 1. 5 billion higher this year than during the same period last year. The postal system would have funded its longterm and entire healthcare liabilities as they were incurred. Because they didnt, those unfunded liabilities now total 120 billion. Unfortunately, the 2006 p
To also been subjected political assassination perpetrator to gain political advantage. I hope we can stick to the facts in this hearing today. One part of the false narrative is that the postmaster general is not appointed by president trump. The bipartisan postal board of governors engaged in a professional search for him, identified him as an outstanding candidate with the necessary background and skill set to tackle the enormous challenges facing the postal system. The bipartisan governors been to repeaty i want that, the unanimously approved his appointment as postmaster general. Mr. Dejoy reports to the board and not the president. Another false narrative is that a failure to provide funding to the Postal Service will undermine the election. The Postal Service currently has 15. 1 billion in cash on hand. Following a betterthanexpected Financial Performance during the pandemic. Delivery,urge in rather than being down, the Postal Service revenue is 1. 5 million higher this year tha