https://padlet.com/hgoff1/drthllnszxzsn5od Write a short summary of a current (within the last 7 days) ECONOMY news story. This summary should include at least 3 facts about the story. Attach the link to your chosen news story. Your full name should be the title of the post. en-us 2020-10-02 00:44:07 UTC 2026-01-17 22:52:43 UTC hello@padlet.com https://padlet.net/icons/png/1f4b0.png 9470181 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/796964723 The president of the united states, Donald trump, admits that him and his wife, The First Lady, tested positive for the corona virus.  He tested positive and kept it a secret because he had just finished downplaying the threat of COVID. His test came back positive just shortly after finding out that his senior aide, Hope Hicks, had the virus after traveling with him majority of the days out of the week. If you didn't know, Donald Trump is 74 which puts him at risk for higher complications of COVID. The diagnosis came in just weeks before the election. Trump and his wife a shown to be fine and healthy now though.]]> 2020-10-02 06:15:53 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/796964723 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/797527256 Corona-virus affects the workforce dramatically. Due to out-breaks of covid-19. Unemployment are one of the man factors being looked at when it comes to covid-19 and people having a job. Just last week the number of people applying for unemployment fell to 860,000, before this crazy pandemic the number of people signing up for jobless aid never exceeded 700,000 a week until the introduction of the corona virus. Since the outbreak in April companies and government have slashed 22 million jobs leaving many people with no source of income. Covid-19 has been successful in taking over the world and the workforce. Before we know it Covid-19 will be running the world. ]]> 2020-10-02 13:25:18 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/797527256 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798775167 Economists says that they expect an additional 850,000 new jobs! Its lesss and the smallest portion since recovery began in May. This happened and september. As covid continues to reek havoic, the unemploymennt rate begans to increase, it has recently increase around 1%

]]> 2020-10-02 18:35:04 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798775167 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798779136 As the pandemic continues millions of people who were temporarily layed off are now finding out that they have completely lost their jobs. All these temporary job loses are becoming permanent as business begin to shut down and cut costs. The recovery after this would take years.]]> 2020-10-02 18:36:14 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798779136 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798780130 Mortgage rates are at an all time low due to COVID. The article states, "...That is the lowest in the 30-year history of the MBA survey..." Despite another interest rate drop, demand for refinancing and purchasing mortgages fell last week, with total mortgage application volume down 4.8% from the previous week, according to the Mortgage Bankers Association. Mortgage demand has fallen 5% setting a record low.]]> 2020-10-02 18:36:31 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798780130 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798806810 In America, employers have added 661,000 jobs in September. But before September, the United States were in the middle of slower hiring for three months straight. Fortunately, with September’s hiring gain, the economy has recovered only slightly more than half the 22 million jobs that were wiped out by the coronavirus pandemic. ]]> 2020-10-02 18:44:31 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798806810 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798821926 Many resturants in St.Louis have had to change it´s policy to adapt to what will be the new normal due to coronavirus. Some not as lucky as others have had to shut down completely.]]> 2020-10-02 18:49:16 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798821926 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798823908 Covid has impacted our economy in numerous ways. It has messed up senior years , sports , jobs , and many more things. Since the Corona virus has broke out there has been a massive change in everything we do now. You have to wear mask every time you leave the house , use hand sanitizer after you touch something , etc. 2020 will be the year everyone remembers. The Corona virus has also impacted us because we have to do online school for the first couple of months. 2020 will definitely be the year to remember.]]> 2020-10-02 18:49:49 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798823908 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798841377 The United States has been through a tough year, now in September of 2020, things don't seem to be heading in the right direction still. With rising COVID cases reaching over 200,000 and businesses increasingly laying off workers, the economy is taking a big hit by those who aren't too optimistic about the turnaround. Not only are workers being laid off, but certain sectors of the business industry aren't being allocated with the necessary funds needed, in order to keep people from losing their jobs. Some sectors can't even handle the wave of demand that's been caused by the effects of COVID; the housing industry is one of them. Though economic numbers surprisingly look good, and the fact that this is the best year on record for the U.S. since 1983, this new era of COVID has made these numbers look deceiving; yet consumers are still remaining upbeat. With that said, the unemployment rate has still risen to 7.9% percent, and though 11 million jobs have been replaced, those numbers are expected to fade as well. Talks within the Congress over stimulus bills have either stalled or been very slow, leading to less commerce put into the economy to stabilize it, leading more jobs and businesses being at risk of loss due to the lack of help coming from the government. Though there are some signs of some positive aspects through this dark time, the country's economy is still teetering a thin line for recovery. ]]> 2020-10-02 18:55:25 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/798841377 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/808590162 WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak. Before the pandemic hit the economy, the number signing up for jobless aid had never exceeded 700,000 in a week, even during the depths of the 2007-2009 Great Recession.
The Labor Department said Thursday that U.S. jobless claims fell by 33,000 form the previous week and that 12.6 million are collecting traditional unemployment benefits, compared with just 1.7 million a year ago. The outbreak slammed the U.S. economy in the spring, causing the economy to collapse at a 31.7% annual rate from April through June, by far the worst three months on record. Companies and government agencies slashed 22 million jobs.

]]> 2020-10-06 23:03:29 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/808590162 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/811495479 ST. LOUIS — Anheuser-Busch will debut a new can made from "infinitely recyclable" low-carbon aluminum.The beer giant is working with London-based mining company Rio Tinto to manufacture the cans out of recycled aluminum, using hydropower. A-B said production could reduce carbon emissions by more than 30% per can compared to traditional manufacturing techniques. It called the move a first for the beverage industry.A-B plans to fill the first million cans with Michelob ULTRA, one of its fastest-growing brands.“Michelob ULTRA has a responsibility to our consumers and our planet to use our platform for good and lead the way in sustainability,” said Michelob marketing vice president Ricardo Marques. “Sustainable packaging is a key opportunity to highlight our commitment to the environment.”Anheuser-Busch announced sustainability goals in 2018, which include a target to reduce carbon emissions by 25 percent by 2025 and invest in more sustainable packaging.The Rio Tinto partnership, A-B said, is a key step towards reducing carbon emissions in its packaging, the largest contributor of emissions in the company.

]]> 2020-10-07 18:42:52 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/811495479 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/811960593 The U.S. economy added 661,000 jobs in September, it's well below the combined 7.5 million jobs added in May and June before hiring cooled in July, with the growth of 1.9 million positions, and in August, with 1.4 million. It showed the unemployment rate unexpectedly fell to 7.9% from 8.4% and professional and business services increased by 89,000 and the transportation and warehousing sector grew by 74,000. Manufacturing added 66,000 and financial activities rose by 37,000. ]]> 2020-10-07 21:49:37 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/811960593 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/814805599 He says that we can reopen a lot of the economy if we take social distance and precautions to keep transmission low. Reopening can begin to happen if we sterilize surfaces, wash hands, and practice social distancing as we venture out. if they go back to normal before COVID the rates will continue to rise higher.

]]> 2020-10-08 17:41:44 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/814805599 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/814834663 Friday night lights will be back on for more than a dozen high schools in St.Louis county. The St.Louis County Department of Public Health has approved more than a dozen school football teams to play against other schools in the county. Schools will have to submit safety plans in order to be approved to play. These plans has to include the screening, quarantining and isolation guidelines plus how fans and spectators will be managed. ]]> 2020-10-08 17:48:20 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/814834663 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/820570972 More jobless claims have appeared in Missouri after 3 weeks of decline. The ending of the week Oct. 3, over 8000 people have filed for unemployment benefits. Despite this Mike Parson has said the state's 7% unemployment rate was less than what his office had projected. Now because of the latest numbers, the state is no longer able to supply unemployment benefits. Missouri's jobless rolls have decreased since May.]]> 2020-10-12 04:09:49 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/820570972 https://padlet.com/hgoff1/drthllnszxzsn5od/wish/852228988 Austin Anderson, an 18 year old high school Football player was charged with a 🤬 charge in June that alleged he sexually assaulted an female in a bedroom at a friends house after repeated refusal from the female. She didn't tell anyone what he did until august when she came and told her mother.]]> 2020-10-22 13:00:37 UTC https://padlet.com/hgoff1/drthllnszxzsn5od/wish/852228988