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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...

About. Engines that could catch fire. That noreaster may be out to sea, but it did sure pack the first winter punch of the season buckle up. Early today starts right now good morning im valerie castro. Glad youre with us to start the week im Frances Rivera the coronavirus is not taking a holiday break as it continues to ravage the nation. As of today, there have been over 14. 8 million infections, and over 283,000 deaths. Meanwhile, over the weekend, the u. S. Reported more than 200,000 covid19 cases saturday. For the fourth day in a row. The virus is soaring to dangerous new heights in califo...

Here in the bay area that means every county except for moran. San francisco and san mateo counties this curfew could go into effect in San Francisco tomorrow night more on that in a minute. So heres exactly what will happen in less than an hour all non essential workers. Movement and gatherings will be banned, however restaurants will be allowed to offer takeout after 10 oclock the central businesses like Grocery Stores and drugstores can stay open after hours. Folks will also be allowed to go for a walk in other routine activities the curfew will be lifted at 5 oclock tomorrow morning. But i...

Whether or not at this point in the economic pandemic cycle they need to spend that bullet. They will be doing some things that are more accommodative. It will be difficult for them to reverse that policy somewhere down the road. Jonathan mike swell of Goldman Sachs is with us. On treasuries, on bad news being bad news, is that your view of things, how high can we take 10year yield . Mike great to be with you, jonathan. On the there is a cap treasury market, and its really the result of looking away from the slow term where there are certain instances where people think about growth postcovid....

Budget copper mise. This is going budget compromise. Eu budget compromise. That is going to be one of the stories we are focusing on next week. Brexit talks are a difficult place, according to one u. K. Official. We will watch carefully that story over the weekend. We will see what happens monday morning. Aroundare higher, up by 0. 4 . The payrolls seem to have provided a reason to believe that stimulus is coming. It is interesting to see what is happening there. Bonds on the other side of the atlantic to where i am now, we are up to yield highs, march highs. An aggressive move we are seeing s...