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
Hospital . Doctor weve been dealing with a Public Health crisis for 10 months now, and our Health Care Workers have been at the tip of the spear in battling the pandemic, in dealing with short supplies, and dealing with a patchwork of policies that could control the virus. I think if you look at the hospitals in america, many of them are at the breaking point. Some may have broken. We have had some challenges in the last couple of weeks in nebraska, but by working together, we were able to navigate that to make sure that care was available to everyone. Brennan a video from one of your nurses went viral last month. In it she describes the staffing shortages, and her own personal frustration that she cant just rush in to help a covid patient. It takes time to put on the p. P. E. Required to even enter the room. Can you describe what it is like to be a covid patient right now . Doctor everyone should want to avoid being a covid patient. Not only for the experience that they are in the hos
Colors only on cbs this morning. The singer reveals the lineup for her latest concert to help lgbtq kids who dont have a home. Its a good one, but first, heres todays eye opener. Its your world in 90 seconds. I want to be very frank to the american people. The vaccines critical. But its not going to save us from this current surge. The sweeping new lockdown in california. Doctors and nurses across the country are being pushed to the brink. Were not likely to see a peak in the number of infections in hospitalizations until probably at some point in the middle of january. As bad as things are right now, theyre going to get a lot worse. Rudy giuliani says hes getting great care and feeling good as he recovers from coronavirus in the hospital. President elect joe biden is poised to nominate California Attorney general Xavier Becerra as health and Human Services secretary. To the last line of defense. All eyes on two critical runoff races in s is in georgi will determine which party control
Ande are very determined ouritted in implementing capital return policies. Been flashing our intentions to have a good, solid Cash Dividend but also complemented with share buyback. Welcome to surveillance. It is all about the u. S. Fiscal stimulus and the possibility of another Coronavirus Relief package may be before the election. They are making progress but still disagreements and that is weighing on the market uncertainty, especially in the european space. European stocks down for the second day. U. S. Equity futures pointed higher. Leading the decline by region. Tech outperforming. Energy is the laggard. The yield in the u. S. , they move down even amid some of the stronger risk off shifts we have seen. Strong three to six month treasury yields. Aussie dollar is a standout in the fx space. Central Bank Official said shortterm rates may fall 20. What happened is the rba unsettled investors who counted on the cash rate reaching a genuine lower bound, quite a sizable move. Brent cru
Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments