The Hill’s 12:30 Report: Unemployment Claims Fall to 50+ Years Low

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-> A vision at noon of what is happening in politics and how to have a sense of humor about it. *

* Say ah. Haha. Ha ha. Smell. Haha. Smell. Ha – breaks down in tears hysterically.

NEWS THIS MORNING

Get down, get down, get down, get down.

Via The Hill’s Sylvan lane“New weekly jobless claims fell to the lowest level in more than 50 years last week, according to data released Wednesday by the Labor Department.” https://bit.ly/3DNUOqQ

The numbers: “In the week ending November 20, there were 199,000 initial claims for unemployment insurance, based on seasonally adjusted figures, a decrease of 71,000 from the previous week.”

For context: “Claims fell to the lowest level since November 1969 and are now well below the pre-pandemic low of 225,000 applications received the week of March 14, 2020.”

Yeah the lowest level since we first went to the moon (!)

Chip shortage? Samsung is on it, but it will take a while:

Via CNN Business’s Yoonjung seoAmid a global chip shortage, Samsung announced that it will build a $ 17 billion semiconductor factory in Taylor, Texas. https://cnn.it/3HPU0UH

When approximately expected to be in operation: Second half of 2024

Happy Wednesday – TOMORROW IS THANKSGIVING !! Oh, and Christmas Eve is a month from now. There is so much to celebrate! I am Cate martel with a quick summary of the morning and what’s coming. Send comments, story ideas and events for our radar to [email protected] and follow us on Twitter. @CateMartel and Facebook.

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PROGRAMMING NOTE: The 12:30 Report will not be released tomorrow or Friday. Have some cake and filling for me, and have a happy Thanksgiving! We will be back on Monday.

IN THE WHITE HOUSE

Just Announced: You may have your ‘performance’ removed from your title:

Via The Hill’s Brett samuels, “President BidenJoe BidenKyle Rittenhouse: No Money Traded For Tucker Carlson Interview, Overnight Energy & Environment Documentary Series – Biden To Release 50 Million Barrels Of Oil Reserve On The Money – Biden: America Should ‘Rest Easy’ On Prices MORE on Wednesday he announced his plans to nominate Shalanda young as director of the Office of Management and Budget (OMB) after the Capitol Hill aide spent months serving as interim director. ” https://bit.ly/3r6oDzb

Why would its confirmation be historic: She would be the first black woman to run the agency.

Why was the position not filled: “She has served as acting director since Neera Teeth’The nomination for director of OMB was withdrawn in March. “

Yes, Biden nominated a Republican to lead the Fed, but he can still be on the left:

Via The Hill’s Sylvan lane, “President Biden emphasized continuity and bipartisanship in making his election to the top two positions at the Federal Reserve this week. But his next list of nominees could establish a lasting left-leaning majority at the central bank. ” https://bit.ly/3DQBsBo

How is that: “Biden still has three seats on the seven-person Fed board to fill and the vacant supervisory vice presidency, which sets the Fed’s regulatory agenda, and says his new elections will not be like the old ones. The president said his next nominees ‘will bring new perspectives and new voices,’ along with ‘long-awaited’ diversity to the Fed board. ”

What to expect: https://bit.ly/3DQBsBo

A new office has entered the chat:

Via The Washington Post’s Maxine joselowThe White House is creating a new division of the Office of Science and Technology Policy (OSTP) to coordinate federal climate change policies. https://wapo.st/32jfFUT

Who will be in charge?: Stanford Energy Professor Sally benson

When to expect the official announcement from the White House: Today

What to expect from the new division: https://wapo.st/32jfFUT

Interesting Read: ‘The Inflation Miscalculation Complicating Biden’s Agenda’:

Via The New York Times Jim Tankersley“Administration officials overestimated how quickly Americans would start spending money at restaurants and theme parks, and underestimated the number of people who wanted to order new cars and sofas.” https://nyti.ms/3nMhWjD

What happened?: “Biden’s advisers, along with economists and some scientists, believed that the widespread availability of coronavirus vaccines would accelerate a return to pre-pandemic life, one in which people dined and packed hotel rooms for conferences, weddings and other in-person events. Instead, the appearance of the Delta variant … slowed that return to normalcy. Americans stayed home, where they continued to buy products online, straining global supply chains and driving up the price of almost everything in the economy. ”

The full analysis: https://nyti.ms/3nMhWjD

LAST WITH THE CORONAVIRUS

4.5 percent of federal employees to go:

Via The Hill’s Alex Gangitano, “Ninety-two percent of federal government employees have received at least one dose of COVID-19 vaccine as of Tuesday, the deadline for federal workers to comply with the coronavirus vaccination mandate that President Biden announced 75 days earlier. ” https://bit.ly/3cKrKEB

Plus another 4.5 percent: “Another 4.5 percent of federal employees are considered compliant because they have a pending or approved waiver request for vaccination, which means that the total percentage of the workforce that complies is 96.5 percent.”

Breakdown by agency: The Office of Management and Budget (OMB) has the highest rate and the Department of Agriculture and Social Security Administration (SSA) have the lowest.

Full breakdown: https://bit.ly/3cKrKEB

CASE NUMBERS:

Coronavirus Cases in the US: 47,987,991

Death toll in the US: 773,887

Breakdown of the numbers: https://cnn.it/2UAgW3y

VACCINATION NUMBERS:

Total number of vaccines administered in the US: 453 million injections have been given.

Seven-day average of doses administered: An average of 1.84 million doses

For context: The population of the United States is approximately 331 million.

Breakdown of the numbers: https://bloom.bg/3iVTPLH

IN OTHER NEWS

A little less from Black Friday this year:

Via CBS Kate gibson, “Black Friday Starts Early, But Expect Fewer Holiday Deals.”

What to expect: https://cbsn.ws/3nQ97pj

WHAT OFFERS SHOULD WE EXPECT?:

New York Magazine compiled a list of the best deals: https://nym.ag/3nNj0Uq

The final pieces of 2021 are beginning:

TIME published a compilation of the 100 best photos of 2021. The pictures: https://bit.ly/30XJpGo

FEATURED TWEETS:

Senator Grassley called his vacuum cleaner ‘Beth’:

Hyperlink https://bit.ly/3FMZaPE

More photos of Beth the vacuum cleaner via Axios Chelsea cirruzzo: https://bit.ly/3xnEYR9

A day at the airport everyone dreads:

Hyperlink https://bit.ly/3xiayjo

IN TAP:

The House and Senate are out.

President Biden is in Nantucket, Mass., and has no public events scheduled until Sunday.

Vice President Harris is in Washington, DC and has no public events scheduled.

WHAT TO SEE:

December 1st: The Supreme Court will hear arguments in a Mississippi abortion ban case. Live broadcast: https://bit.ly/3FJhhFV

IN LIGHTER NEWS:

Today is National Sardine Day.

Wow, I’ve ALWAYS wondered why cans of cranberry sauce are upside down:

Have you ever noticed that Ocean Spray Cranberry Sauce cans are printed backwards? Well, “according to Ocean Spray, that’s intentional – create a perfect service experience.” https://cnn.it/30RSwIG

The essence: “[It] creates an air bubble on the rounded side (aka the top) so customers can “slide the edge of the can with a knife to break the vacuum and the stem will slide off easily.”

The Complete Reasoning, from CNN Business’s Jordan Valinsky: https://cnn.it/30RSwIG

Just announced – Grammy nominations for everyone !:

Nominations for the 2022 Grammy Awards have been announced (!) https://bit.ly/3FFxsnz

The biggest news: “Jon batiste – veteran jazz keyboardist, musical director of ‘The Late Show With Stephen ColbertStephen Tyrone Colbert Brian Williams To Leave NBC News After 28 Years Katie Couric: CNN Shouldn’t Have Let Chris Cuomo ‘Push’ Him With His Brother Andrew During The Springsteen Pandemic: Trump, De Santis And Taylor Greene Must Not Decide ‘The Fate Of The American experience ‘MORE‘and a member of one of New Orleans’ legendary musical dynasties, he leads the nominees with 11, primarily for his album ‘We Are’ … ”

Who else leads in nominations ?: Justin Bieber, Doja Cat and SHE follow up with eight nominations each, and Billie eilish and Olivia rodrigo they are very close with seven. ”

The full list of nominations, from Variety: https://bit.ly/3FFxsnz

And while I know I’ve shown you this before, I must leave you on the most festive note possible: Enjoy this flock of turkeys working as a fabulous publicity squad for this reporter:

Look: https://bit.ly/3l5Cy4V



Reference-thehill.com

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