When you look at September Non-Farm Payrolls (+194k jobs vs. +500k expected), the number of private payrolls, at +317k, was actually not that bad, and was virtually unchanged from last month's 332k. The single biggest contributor to the lousy jobs report was the shocking drop in Government Workers, which tumbled by 123k. This was the biggest monthly decline since Oct 2020, and was entirely due to a loss of 144k government education jobs.
The reason we bring up government workers, they are subject to an EO issued by the WH early September Requiring Coronavirus Disease 2019 Vaccination for Federal Employees.
In other words, we are likely to see signs of impact from these vaccine mandates across government workers first before the private sector ramps up their efforts, and judging by the latest NFP report, those signs might be starting to surface.
@WeTheMedia @Forecast432Hz
The reason we bring up government workers, they are subject to an EO issued by the WH early September Requiring Coronavirus Disease 2019 Vaccination for Federal Employees.
In other words, we are likely to see signs of impact from these vaccine mandates across government workers first before the private sector ramps up their efforts, and judging by the latest NFP report, those signs might be starting to surface.
@WeTheMedia @Forecast432Hz
Vaccine hesitancy is quite elevated in the US; so far 72% of Americans have been vaccinated (left chart). If the private sector ramps up on their vaccine mandate efforts, as expected according to some of these surveys, we might see the Labor Force Participation Rate move lower while these mandates are in place. According to KFF, 12% of Americans would “definitely not” get the vaccine (right chart), many of which might decide to bite the bullet when the time comes to save their jobs. Others might feel empowered to quit/get fired given the hot labor market, and try search for a job without a vaccine mandate or consume their newly built excess savings as they temporarily drop out of the labor force.
@WeTheMedia @Forecast432Hz
@WeTheMedia @Forecast432Hz
Willis Towers Watson polled 961 US companies that collectively employ about 9.7 million people: Half of the companies surveyed planned to require workers to get a COVID vaccine by the end of 2021.
If 50% of jobs require a mandate by year end, and 5% of workers are willing to lose their jobs (previous post), a drop up to 2.5% in the Labor Force Participation Rate resulting from these initiatives (chart red line) would take us back to the 1960s, and will only intensify the current stagflationary issues in the short term.
Such policy mistake could potentially force the WH to reverse their plan on vaccine mandates.
@WeTheMedia @Forecast432Hz
If 50% of jobs require a mandate by year end, and 5% of workers are willing to lose their jobs (previous post), a drop up to 2.5% in the Labor Force Participation Rate resulting from these initiatives (chart red line) would take us back to the 1960s, and will only intensify the current stagflationary issues in the short term.
Such policy mistake could potentially force the WH to reverse their plan on vaccine mandates.
@WeTheMedia @Forecast432Hz
The previous 3 posts are part of the same thread, regarding the potential impact of vaccine mandates in the US labor market. Read carefully...
Oct21 Michigan Consumer Sentiment Highlights
Honeymoon Over: Biden Economic Plan “Too Risky”, Americans Reckon
The adage "never let a crisis go to waste" mirrors the range and scale of Biden's progressive proposals, but consumers see it as too risky a strategy. When asked about their confidence in economic policies, favorable evaluations fell to 19% in early October from Biden's honeymoon high of 31% in April, while unfavorable policy evaluations rose to 48% in early October from 32% in April (see the chart). The decline in confidence in economic policies was recorded across all age, income, and education subgroups as well as among Democrats, Independents, and Republicans.
@WeTheMedia @Forecast432Hz
Honeymoon Over: Biden Economic Plan “Too Risky”, Americans Reckon
The adage "never let a crisis go to waste" mirrors the range and scale of Biden's progressive proposals, but consumers see it as too risky a strategy. When asked about their confidence in economic policies, favorable evaluations fell to 19% in early October from Biden's honeymoon high of 31% in April, while unfavorable policy evaluations rose to 48% in early October from 32% in April (see the chart). The decline in confidence in economic policies was recorded across all age, income, and education subgroups as well as among Democrats, Independents, and Republicans.
@WeTheMedia @Forecast432Hz
This how you fight for your rights https://youtu.be/yjugU4rOk-I
Forwarded from We The Media (Stormy Patriot Joe)
FBI swarms Russian Billionaire
Oleg Deripaska
How does this tie into the Q drops?
Oleg Deripaska had direct ties to Manafort (and others)
Q told us Manafort was a “plant” injected into the Trump campaign
That’s why Manafort was thrown in the hole.
Plants
Need
Water
Q
Oleg Deripaska
How does this tie into the Q drops?
Oleg Deripaska had direct ties to Manafort (and others)
Q told us Manafort was a “plant” injected into the Trump campaign
That’s why Manafort was thrown in the hole.
Plants
Need
Water
Q
Forwarded from Grasshopper Official Channel
💥💥💥💥KABQQQQQM💥💥💥💥
💥💥💥!Follow Huma 11.3!💥💥💥
##1203
Naming names
PROOF
Standard Hotel
AS feeling OK today😉
Tick Tock
H/T to Howard & CG👊😎🇺🇲
💥💥💥!Follow Huma 11.3!💥💥💥
##1203
Naming names
PROOF
Standard Hotel
AS feeling OK today😉
Tick Tock
H/T to Howard & CG👊😎🇺🇲
Huma 11.4 with HRC
More connections on the previous posts. @Forecast432Hz
More connections on the previous posts. @Forecast432Hz
Forwarded from Jordan Sather
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Seattle police and firefighters walking up the stairs of Seattle City Hall to turn in their boots.
Southwest Caves, Ditches Plan To Put Unvaccinated Staff On Unpaid Leave In December.
Companies starting to realize mandates will demolish their businesses and further deteriorate labor shortages. NOW COMES THE PAIN, ARE YOU READY? Patriots in control of the economy now, with plenty of leverage and strength behind their numbers.
@WeTheMedia @Forecast432Hz
Companies starting to realize mandates will demolish their businesses and further deteriorate labor shortages. NOW COMES THE PAIN, ARE YOU READY? Patriots in control of the economy now, with plenty of leverage and strength behind their numbers.
@WeTheMedia @Forecast432Hz