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    Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

    Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

    How lucky are Indian children in the United States to get out of a "boarding school" alive?

    How lucky are Indian children in the United States to get out of a “boarding school” alive?

    Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

    Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

    Want to go to Mars? Solve these problems first.

    Want to go to Mars? Solve these problems first.

    Pakistan lifts TikTok's ban again

    Pakistan lifts TikTok’s ban again

    Facebook platforms have become a tool for inciting religious hatred in India

    Facebook platforms have become a tool for inciting religious hatred in India

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    scoring two goals in 90 seconds, Real Madrid "resurreated" in the Champions League to the finals

    scoring two goals in 90 seconds, Real Madrid “resurreated” in the Champions League to the finals

    Schedule of the 2024 Paris Olympic Games announced

    Schedule of the 2024 Paris Olympic Games announced

    Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

    Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

    Chinese women's football team competes in the 2022 Indian Women's Football Asian Cup

    Chinese women’s football team competes in the 2022 Indian Women’s Football Asian Cup

    Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

    Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

    Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

    Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

    Messi was named IFFHS Player of the Best South American Player

    Messi was named IFFHS Player of the Best South American Player

    Countdown clock for the 2022 Qatar World Cup starts timing

    Countdown clock for the 2022 Qatar World Cup starts timing

    Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

    Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

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    The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

    The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

    8 cases of hepatitis in children with unknown causes were found in Argentina

    8 cases of hepatitis in children with unknown causes were found in Argentina

    Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

    Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

    Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

    Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

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    With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

    255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

    255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

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    Israeli Prime Minister Bennett is quarantined due to his daughter’s diagnosis of COVID-19

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    Omicron hits U.S. frontline employees, thousands of police and nurses in New York are absent

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    6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

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    Is another “pandemic storm” coming? WHO issued a warning!

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      Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

      Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

      How lucky are Indian children in the United States to get out of a "boarding school" alive?

      How lucky are Indian children in the United States to get out of a “boarding school” alive?

      Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

      Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

      Want to go to Mars? Solve these problems first.

      Want to go to Mars? Solve these problems first.

      Pakistan lifts TikTok's ban again

      Pakistan lifts TikTok’s ban again

      Facebook platforms have become a tool for inciting religious hatred in India

      Facebook platforms have become a tool for inciting religious hatred in India

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      scoring two goals in 90 seconds, Real Madrid "resurreated" in the Champions League to the finals

      scoring two goals in 90 seconds, Real Madrid “resurreated” in the Champions League to the finals

      Schedule of the 2024 Paris Olympic Games announced

      Schedule of the 2024 Paris Olympic Games announced

      Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

      Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

      Chinese women's football team competes in the 2022 Indian Women's Football Asian Cup

      Chinese women’s football team competes in the 2022 Indian Women’s Football Asian Cup

      Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

      Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

      Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

      Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

      Messi was named IFFHS Player of the Best South American Player

      Messi was named IFFHS Player of the Best South American Player

      Countdown clock for the 2022 Qatar World Cup starts timing

      Countdown clock for the 2022 Qatar World Cup starts timing

      Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

      Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

    • Lifestyle
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      The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

      The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

      8 cases of hepatitis in children with unknown causes were found in Argentina

      8 cases of hepatitis in children with unknown causes were found in Argentina

      Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

      Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

      Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

      Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

      With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

      With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

      255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

      255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

      Israeli Prime Minister Bennett is quarantined due to his daughter's diagnosis of COVID-19

      Israeli Prime Minister Bennett is quarantined due to his daughter’s diagnosis of COVID-19

      Omicron hits U.S. frontline employees, thousands of police and nurses in New York are absent

      Omicron hits U.S. frontline employees, thousands of police and nurses in New York are absent

      6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

      6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

      Is another "pandemic storm" coming? WHO issued a warning!

      Is another “pandemic storm” coming? WHO issued a warning!

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      YC News

      More than 54 million people lack enough food, tens of millions of people are unemployed, and the economic outlook of the United States is worrying.

      December 13, 2020
      in Health, World
      0
      More than 54 million people lack enough food, tens of millions of people are unemployed, and the economic outlook of the United States is worrying.

      On December 11th local time, the University of Michigan released data that the initial value of the consumer confidence index in the United States unexpectedly rose to 81.4 in December, exceeding market expectations, but still far below the pre-epidemic level of about 100.

      Some analysts believe that the latest data may reflect the expectations of U.S. consumers for the coronavirus vaccine, but because the U.S.

      epidemic continues to worsen, the coronavirus vaccine will not have a significant effect at least in the short term, and the U.S. Congress is still deadlocked and unable to agree on a new round of rescue plan, which makes consumers look at themselves.

      The outlook for the financial situation remains largely unchanged, indicating that the upcoming end-of-year consumption season is still not optimistic.

      Growth rate slows down significantly, and the market is expected to weaken in November.

      In addition to the initial value of the December Consumer Confidence Index in the United States, the November retail sales data of the United States, which will be released on the 16th, are also an important reference indicator for observing the U.S. consumer market.

      According to data previously released by the U.S. Department of Commerce, retail sales in the United States increased by 0.3% in October compared with the previous month, but the growth rate slowed down significantly compared with 1.6% in September and was also lower than 0.5% expected by the market.

      With tens of millions of Americans still unemployed and most of the previous bailout funds in previous rounds, weak retail sales in the United States will not surprise the market.

      According to the analysis of the Wall Street Journal, from the current epidemic situation, the upcoming November retail sales data are not optimistic, which makes the outlook of many retailers dim.

      Worse, the holiday promotion launched early in October may have “overdrawn” part of its purchasing power in advance. In other words, the real weakness may still be ahead.

      Several data show that the uncertainty of the U.S. economic outlook has increased.

      In fact, recently released reports and a number of economic data show that the pace of the U.S. economic recovery continues to slow down, and the outlook of the U.S. economy is facing increasing uncertainty under the accelerating and worsening epidemic situation.

      Federal Reserve: Economic slowdown, corporate optimism weakens

      The “Beige Book” released by the Federal Reserve earlier this month, the National Economic Situation Survey, shows that economic activity has slowed down in some parts of the United States.

      According to the report, the economy of New York, Philadelphia and other four jurisdictions is still stagnant, and economic activity in some jurisdictions has slowed down since the beginning of November. With the recent resurgence of the epidemic, the introduction of mandatory economic restrictions and the expiration of social welfare such as unemployment benefits, corporate optimism has weakened.

      Retail Federation: Holiday consumption has dropped significantly compared with last year.

      Data released by the National Retail Federation on December 1 showed that about 186.4 million people in the United States shopped during the holiday period from November 26 to November 30, down from the same period in 2019.

      Consumers also spend significantly on holiday-related goods such as gifts and decorations, which are also significantly lower than the same period last year.

      The number of long-term unemployed has increased, and the job market base is fragile.

      In terms of employment, according to data released by the American Automatic Data Processing Company on December 2, 307,000 new jobs were created in the private sector in November, which continued to decline from 404,000 people revised in October, the lowest level since July.

      According to the data released by the U.S. Department of Labor on December 4, although the number of unemployed in the United States continued to decline to 10.7 million in November, it was still 4.9 million higher than the level in February.

      The number of long-term unemployed who have been unemployed for more than 27 weeks increased by 385,000 to 3.9 million month-on-month, accounting for 36.9% of the unemployed, highlighting that the base of the U.S. job market is still fragile.

      Economic downturn, tens of millions of Americans face the problem of food insatiable

      Under the double impact of the epidemic and economic downturn, more and more American families are in a state of “food insecurity”.

      According to data released by domestic relief organizations in the United States, 40% of the people in the United States received relief food this year for the first time, and the number of “food insecure” people increased by 17 million compared with the pre-epidemic.

      More than 54 million people in the United States lack enough food in 2020, and this situation will continue in the coming year.

      Tags: United States

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