January 11, 2021
“They’re stuck and they start to face discrimination…Employers believe they are damaged goods.”
“Economic slack in general and labor slack in particular will stifle any sustained pickup in price pressures. This will yield the Fed an extremely long runway before officials will need to legitimately contemplate reducing accommodation.”
It can tell our cells to make whatever protein we want. That includes the antigens of many other diseases besides Covid-19.
People without full-time jobs do face greater challenges with respect to retirement planning. Lower income is only the most obvious one. It can be hard enough even on a full-time salary to find money in your budget to save for the future.
“In all the progress that we’ve made, we’re still slightly worse off than we were at the worst point in the Great Recession.”
The overproduction of Ph.D.s has been an issue for years in the U.S., which has a higher rate of doctorate holders than almost any other rich country.
Biden says “immediately,” but he’s not scheduled to take office until Jan. 20. So, if there will be fresh relief payments, you’re not likely to get one until February, at the earliest.
Satellite monitoring and roadway data show that nitrogen oxides linked to automobiles were down worldwide after lockdowns began, sometimes by as much as 50% in certain locations.
“We have seen the slowing momentum in jobs created every month coming into the winter months and it really has to do with COVID-19. It’s inescapable that the pandemic is still in the driver seat.”
“What we know of 2020, that was so unforgettable about it, started in mid-March — and the trauma that came out of COVID-19 is by no means over…We have the light at the end of the tunnel, but it’s very unclear as to how long it’ll be until we reach that light.”
Links may lead to sites where the author has an affiliate relationship.