Thank you. thank you. We have a quorum. at this time are there any communications. Item Number two, communications. Due to the covid 19 Health Emergency and to protect members, the Retirement System is closed. Other members participating in the meeting remotely this is taken in precaution to the State Order and directives. Members participating via Video Conference as if they were physically present. Public comment will be available on each item on the agenda. You will be given two items to speak. When connected you will hear the meeting discussions but be muted and in listening mode only. When your item of interest comes up Press Star three. Best practices are to call from a quiet location, speak clearly and slowly and turn down your tv or radio. thank you very much. Is there any public comment . moderator, do we have any callers on the line. Madam Secretary, there are no callers on the line. thank you. Hearing no calls, public comment is now closed. call the next item, please. action
Cite several factors are keeping people out of the workforce, most of which were virus related early retirement, caregiving, fear of covid, and employ meant benefits. Using those factors that you cited as responsible for on appointment, you agree that the factor is not a primary driver of getting people back to work . Do you think if you lowered negative Interest Rates at that would materially change the Unemployment Rate . Chair powell i would agree that the most important thing that she will be very important if we were it would be very important if we were to see a significant increase in labor supply. Just showing up in the form of matching in the Labor Market. Their jobs and unemployment people, but they do not seem to match up. [indiscernible] representative the rate of interest. That is important, because the commitment is to keep rates at zero until we get back to full employment, it is inflating asset bubbles, pushing people further out of the risk curve. I would argue it is c
Take Roll Call. Roll Call . thank you. thank you. We have a quorum. at this time are there any communications. Item Number two, communications. Due to the covid 19 Health Emergency and to protect members, the Retirement System is closed. Other members participating in the meeting remotely this is taken in precaution to the State Order and directives. Members participating via Video Conference as if they were physically present. Public comment will be available on each item on the agenda. You will be given two items to speak. When connected you will hear the meeting discussions but be muted and in listening mode only. When your item of interest comes up Press Star three. Best practices are to call from a quiet location, speak clearly and slowly and turn down your tv or radio. thank you very much. Is there any public comment . moderator, do we have any callers on the line. Madam Secretary, there are no callers on the line. thank you. Hearing no calls, public comment is now closed. call t
try to rescue it from collapse. thames water is £14 billion in debt and in crisis mode after the surprise resignation of its ceo on tuesday. no clear reason has been given for sarah bentley s departure. misses are considering a plan to bring the utility giant temporarily under public ownership if it can t sort out its debts. we public ownership if it can t sort out its debts. we need to make sure sort out its debts. we need to make sure that sort out its debts. we need to make sure that thames - sort out its debts. we need to make sure that thames water sort out its debts. we need to i make sure that thames water is an entity survives. there is a lot of work that the government is trying to do on resolving sewerage. up until now the regulator has been focused on keeping consumer bills down, there is a lot of infrastructure work that needs to take place. privatised in 1989, analysts say thames water should be a simple moneymaker. after all, should be a simple moneymaker.
good evening and welcome to the bbc news at six. this is the source of the river thames no water visible, just a stone in a field in gloucestershire. but from a trickle it turns into a mighty river that flows through oxford, reading, london and out to the sea. and that river is used to supply up to 15 million people with water. london alone gets about 70% of its water from the thames and its tributries. but the company behind all that thames water, that covers this whole area is in trouble. there are reports that it could be on the brink of collapse. it is heavily indebted to the tune of about £14 billion. the government says it is ready to act in a worst case scenario. here s our economics editor, faisal islam. the british motor industry has bopped along in a stream of profits and easy money since privatisation 30 years ago at the british water industry. but something far murkier is emerging under the surface. the government, to merge, is on standby to take thames