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Rapid Response: President Biden's Leaders Summit on Climate

Rapid Response: President Biden's Leaders Summit on Climate
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On The Money: Biden signals he'll move forward on COVID-19 relief without GOP | Economy adds 49K jobs in January | Minimum wage push sparks Democratic divisions

Both the House and the Senate on Friday passed the budget resolution that will be used to advance Biden’s relief bill through reconciliation.
While Biden has said he’s open to striking a bipartisan deal, he’s made clear that in his view, Republican counteroffers do not come close to enough aid for the struggling economy.
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What Republicans have proposed is either to do nothing, or not enough, Biden said in prepared remarks on his $1.9 trillion proposal. All of a sudden many of them have rediscovered fiscal restraint and the concern for the deficits. But don’t kid yourself, this approach will come with a cost: more pain for more people for longer than it has to be. ....

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On The Money: Biden signals he'll move forward on COVID-19 relief without GOP | Economy adds 49K jobs in January, unemployment falls to 6.3 percent

On The Money: Biden signals he ll move forward on COVID-19 relief without GOP | Economy adds 49K jobs in January | Minimum wage push sparks Democratic divisions
Sylvan Lane
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On The Money: Biden signals he ll move forward on COVID-19 relief without GOP | Economy adds 49K jobs in January | Minimum wage push sparks Democratic divisions
Happy Friday and welcome back to On The Money, where we re wishing a Happy Super Bowl Weekend to all who celebrate. I m Sylvan Lane, and here s your nightly guide to everything affecting your bills, bank account and bottom line.
See something I missed? Let me know at [email protected] or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N. ....

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Economy adds 49K jobs in January, unemployment falls to 6.3 percent

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The U.S. added 49,000 jobs in January and the unemployment rate fell to 6.3 percent, a 0.4 percentage point drop, according to data released Friday by the Labor Department.
The uptick in jobs shows the recovery from the coronavirus recession resumed last month after December job losses, but the report underscored the deep damage yet to be repaired from the pandemic-driven economic crisis.
“This jobs report suggests signs of a nascent overall recovery, but food insecurity, costs of caregiving, persistently high unemployment, and small business stagnation necessitate emergency relief that targets those being left behind especially women, people of color, and lower income workers,” said Nicole Goldin, nonresident senior fellow at the Atlantic Council, in a Friday analysis. ....

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Is Jordan's workforce ready for emerging opportunities in digital entrepreneurship?

Is Jordan’s workforce ready for emerging opportunities in digital entrepreneurship?
Students attend a class at one of the public schools during the first day after the end of teachers one-month strike in Amman, Jordan, October 6, 2019. REUTERS/Muhammad Hamed
With job creation stalled in 2019 and further damaged by the pandemic, the Hashemite Kingdom of Jordan is relying on its entrepreneurial zeal to accelerate economic growth. By tapping into its large, tech-savvy youth population, which makes up more than half of its citizens, and its markedly underutilized female labor force (ranked 145 out of 153 countries for women’s economic participation in the latest World Economic Forum 2020 Global Gender Gap Report), Jordan can position itself for dynamic post-COVID economic expansion. Complemented by robust mobile and internet penetration at 87 percent in 2018 and underpinning the commitments in its Vision 2025, the burgeoning information and communications technology and ....

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