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
Odonnell good evening, odonnell good evening, and thank you for joining us. We are going to begin with breaking news and another sign of how dramatically and quickly a new wave of Coronavirus Infections is sweeping across the country. Tonight, the nations Largest School system, new york city, says its closing all of its schools, sending more than a quarter of a Million Students who had been in classrooms back home for Virtual Learning tomorrow morning and creating chaos for working parents. That abrupt decision comes as the infection rate in new york again. Nce the epicenter of the and while clo pandemic, is rising once again. And while closing schools might be one of the largest indications of just how dire the crisis is becoming, it is far from the most devastating. As we come on the air, coronavirus has now killed more than 250,000 americans. Tonight, a recordshattering 76,000 more americans are hospitalized because of it. And one out of every five hospitals now says there just aren
Made for minds. Can europe finally agree on a common coronavirus Recovery Plan . Even leaders are taking another crack at the 1. 00 trillion euro plan that would help the likes of italy and spain. But its foundering on the objections of other nations. Also on the show, to look at the difficulties of african nations to piece together their own recovery funds. And talk to one advocate of a very particular approach to post covert investment and deal or no deal. Times running out for brussels and london to ensure smooth trade come january the 1st alcove. It has complicating the negotiations. Glowing welcome to the show. Im stephen beardsley. In berlin, its good to have us. Yes, you heads of state and government are meeting today to discuss their pen democrat spawns, an unprecedented aid packages on the table. But the Strings Attached have some Member States balking, and that could spell trouble for other Member States in need of the capital. Well, others still are better set up to fund the
Americas Largest School system closed. The Ripple Effect of our kid being sent back home and a cnbc special investigation. Faster payments mean faster fraud. Criminals using popular apps to launder cash meant for americans. Good evening more good news to report on the vaccine front tonight and it comes at a dire point in the pandemic just an hour ago we got word the United States has now topped more than a quarter Million Deaths thats more than strokes, suicide and car crashes typically kill in a full year. The virus killed more than 1,700 americans yesterday alone. Johns hopkins reports its the deadliest day in six months. In addition, hospitalizations hit another high more than 76,000 people in the hospital for covid, according to the covid tracking project by nearly every available metric, the pandemic is worse than ever, everywhere across the country. For months new york city kept its positivity level very low. Now its rising and forcing the Largest School District Court in the nat
He should learn his respect thing each team tough. Tough, tough, tough, modest man who stood shoulder to shit last summer. Just sucks, but respect. Can europe finally agree on a common coronavirus Recovery Plan . Even leaders are taking another crack at the 1. 8 trillion euro plan. It would help the likes of italy and spain its founder on the objections of other nations. Also on the show of the difficulties of african nations to piece together their own recovery funds and talk to one advocate of a very particular approach. Supposed covert investment and deal or no deal time is running out from brussels and london to ensure a smooth trade come january 1st. Now covert his complicating the negotiations. Hello and welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. Oh, you heads of state and government are meeting today to discuss their pen demick response. An unprecedented aid package is on the table, but the Strings Attached have some Member States balking,