Omicron Absenteeism Is Fresh Test to U.S. Economic Strength

  • 📰 TIME
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Omicron absenteeism poses fresh test to U.S. economic strength

At West Coast ports, already facing logjams of imports, 160 longshoremen tested positive on Wednesday alone, said James McKenna, president of the Pacific Maritime Association, which negotiates labor agreements for 70 companies at 29 ports on the coast.

The backlogs of ships off the ports of Los Angeles and Long Beach, the nation’s busiest, are growing again, McKenna said. “This new variant is so transmittable that it has changed the game,” he said.In the auto sector, union officials and company representatives said the increase in sick days hasn’t affected production at General Motors Co., Ford Motor Co. and Stellantis NV, owner of the Jeep and Ram brands.

While economists and investors expect the impact to be short-lived, its magnitude may be sizable. Mark Zandi, chief economist for Moody’s Analytics, cut his first-quarter prediction for annualized gross domestic production to close to 2%, down from about 5%. But he also raised his forecast for the second quarter, saying businesses and the economy are better prepared to face this new wave.

Marshall Weston, president and chief executive officer of the Restaurant Association of Maryland, said he had spent the week fielding calls from members who were closing their doors for good.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes let’s stop dying, the economy is what’s important

People sick and dying, and Time's over here like an anal retentive school principal.

Can we stop using the word absenteeism?! Getting sick, hospitalized, or dying are not examples of absenteeism. What the hell is wrong with people’s priorities - there will be no bloody economy to worry about if most of the workforce is sick or permanently disabled.

everyone is sick, you vampires! where is your shame?

Make the peasants work sick to make the economy great again!🤪

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US supreme court conservatives appear skeptical of workplace vaccine ruleOmicron surge appears to leave justices’ doubts about Biden administration’s vaccine-or-testing requirement undimmed For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Diana_Massangi Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success SCOTUS are protected from the public especially during Coronavirus pandemic. It’s a joke that they’re voting against President Biden’s vaccine mandate. How many of those supreme bozos are vaccinated?
Source: The Guardian - 🏆 84. / 53 Read more »

Chinese city of Tianjin to test 14 million people after Covid outbreakThe port near Beijing began mass testing after 20 children and adults tested positive, including at least two with Omicron
Source: The Guardian - 🏆 84. / 53 Read more »

‘Biggest test’: Queensland delays school year by two weeks due to Omicron outbreakPremier doesn’t want children returning to classrooms until after peak of Covid cases expected end of January or early February And Antivax Superstar (his dad said ‘Messiah’) Novak Djokovic is forcing his way into Australia - unvaccinated? Absolutely No Way! This Antivax Dickhead tested positive on 16 Dec. Yet, he participated in events with crowds without wearing mask on 17 & 18 Dec. Outrageous! FOR a single use ONLY WHO asks for a : ' 3 HOUR working day-a Universal & Minimun CITIZEN's INCOME-Direct & economic DEMOCRACY-social ECOLOGY-sanitary PREVENTION-education-Territorial & Urban reorganization... financed by TAX EVASION ' WORK less to LIVE & Consume BETTER
Source: Guardian news - 🏆 28. / 68 Read more »

‘Biggest test’: Queensland delays school year by two weeks due to Omicron outbreakPremier doesn’t want children returning to classrooms until after peak of Covid cases expected end of January or early February I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent Nichelle_90 guided me and help me make a living through bitcoin with my cash app, I recommend you to meet her now and also be a beneficiary of good work A great platform that can make everybody smile, for my first time hearing about making money online, i thought is fake but when I try it realize that it real so i won't keep silent i need everyone to smile like me contact trader Nichelle_90 on how to get started
Source: The Guardian - 🏆 84. / 53 Read more »

What are the new Covid testing measures for essential workers?The government has introduced new Covid testing measures to tackle the national rise of the Omicron variant and its impact on critical infrastructure and businesses.
Source: Evening Standard - 🏆 92. / 53 Read more »

The US jobs report was a warning sign – even before the Omicron surge | Robert ReichThe Fed wants to raise interest rates and coronavirus support programs are ending. Millions of families stand to suffer A great platform that can make everybody smile, for my first time hearing about making money online, i thought is fake but when I try it realize that it real so i won't keep silent i need everyone to smile like me contact trader Nichelle_90 on how to get started Whatever happened to Comirnaty It just appeared for the FDA 'approval' press release, then disappeared just as fast. And the sheeple dont think anything is odd about that. Thats what makes them sheep. MassFormationPsychosis RBReich RBReich who is going to reconcile this forecast ? Obvious fact: Fed Rate ⬆️ implies Job Growth ⬇️
Source: The Guardian - 🏆 84. / 53 Read more »