Implications for Monetary Policy but the implications for fiscal policy. Moree longer we wait, the institutional damage. Michael collins joining us. I think that was the first question everyone asked when this job support dropped, what do these numbers mean for the talks in d. C. . Michael i dont think these numbers have any impact. They are backward looking to a large extent. The survey period ended weeks ago. The is important is trajectory of job growth over the next couple quarters. Personally, it will be really sluggish. We have had a big rebound, a and part of that rebound is over, and it will be really tough. You have the expiration of some of these programs like ppp, unemployment benefits, and that is going to weigh on income and spending. Until theyy not act have a gun to their head. Are doing well, ostensibly, the markets are improving, they are dragging their feet. Negativewill take more data for them to act in unison. Jonathan in this market, it is not pushing anyone around.
Sunshine peeking back through and then a lot of sunshine over the bay into the afternoon right now temperatures mostly in the 60s were inching close to 70 though in areas like conquered in livermore each at 67 degrees currently pittsburgh fairfield mid 60s for you dublin under a lot of sunshine alike are bayside areas and this year a little warmer at 68. Later on today upper 60s for San Francisco, remaining cool as that fog remains at the coast. Oakland nice in the 70s while san jose in the upper 80s. Back to you daryn. And maybe you didnt vote for me are news flash. I voted for gray davis, but no matter who you voted for or if you didnt vote at all doesnt change the californians look out for each other. Look nobody wants to win thing fully masks have come a long way since the last pandemic. Is not about the week. A comedy routine or former governors they all came together small faces we havent seen for a while i didnt mean to call molded just havent seen them in years and they came to
Nobody wants to win thing fully masks have come a long way since the last pandemic. Is not about the week. Well this was a Public Service announcement released last night from governor Gavin Newsoms office that includes as you see their former governors, pete wilson there we saw Jerry Brown Arnold Schwarzenegger gray davis they all made appearances and ask californias to stick together hang tight, hang tough and continue wearing your masks as we fight the coronavirus and also maintain social distancing. I dont know if arnold smith, a beard is mask friendly member we did the thing about really has to encompass the whole amount that tight seal right to get his got the shade you got to be tight. And all of this is happening when we got the rules are couldnt be more serious because weve seen the hospitalizations and case is going up in california. Yeah, this is more businesses are reopening so theyre sort of that tug of war going on kron fours will tran live in alameda with more on this Pu
The environment. Yes there you go look on the positive, rain continues for some but not so much for others and that would be the north, temperatures in the 40s and so it will be cool. Hail in the 95423 which was Pleasant Hill and that was yesterday not today, rainfall pretty impressive in the Santa Cruz Mountains and in and around vallejo and cordelia, other locations not so much but livermore did well in Oakland Hills, santa rosa is usually the leader of the pack but not this case this time so it missed you. 40s and 50s for some of that will be the highest today, i will say Higher Elevations will not get out of the low 40s. You see the south bay and Santa Clara Valley and Santa Cruz Mountains. 50s on the temps. And we have sal castaneda. Focusing on the wet commute steve. Weve had a couple of spinoffs in the wet weather as people are driving too fast but lets talk about the altamonte pass, typical slow traffic from the tracy triangle into the bay area. And remember a lot of people can
The low drops south, with cold unstable air and temperatures well below average for this time of year. We have Sal Castaneda here. The rain making it tough driving around the bay to take it easy if you have to drive somewhere. This is a look at the toll plaza. We will not get the typical crowds today but we will get accidents unfortunately due to the wet weather. Right now the freeways are relatively empty but we have had a couple of things that have made it slow so be careful you have a more complete update just a few but right now lets go back to the desk. California has 337 confirmed cases of covid 19, more than two thirds are right here in the bay area with 239 verified cases Santa Clara County has the most, 116 cases and last night a third person died from the virus in the county. San francisco has 37 cases and san mateo has 32, Contra Costa County has 29. The other counties have 10 cases or less and napa is the only bay area county with no confirmed cases of covid 19. Governor ne