Daily Archives: December 5, 2021

2021-12-05: News Headlines

WSWS (2021-12-05). Child poverty soars as workers' living standards suffer sharp decline and household poverty grows. wsws.org Over the course of this Parliament (2019-2024), the Resolution Foundation expects child poverty to rise from 30.9 percent to 33.7 percent, or one in three children.

Rod Driver (2021-12-05). The World's Richest People: Excessive Wealth Disorder Is Destroying Our Societies. globalresearch.ca Incisive and timely article first published by Global Research on March 29, …

WSWS (2021-12-04). Global vaccine inequality: "A policy decision by the rich countries" wsws.org African Union officials estimate the COVAX global vaccine distribution scheme will deliver just 470 million doses to African countries by the end of December, less than a quarter of the 2 billion needed to deliver two shots to its entire adult population.

Dongsheng News (2021-12-04). News on China | No. 78. dissidentvoice.org Meeting in Dakar, Senegal, China announces that it will donate 600 million doses of vaccines for African countries and produce 400 million doses in partnership with African countries. China will send 500 specialists for ten agriculture and poverty alleviation projects on the continent, among other commitments. Macao tightens regulations on casino operators. The ex-Portuguese colony …

Dean Baker (2021-12-04). Cheap Fun Saturday: Job Growth Under Biden and Trump. cepr.net The November jobs report left a number of people, including me, somewhat confused. The data from the survey of households was great. The unemployment rate fell by 0.4 percentage points to 4.2 percent, with over 1.1 million more people reporting that they were employed. This was far better than the consensus forecast, which put the drop at 0.1-0.2 percentage points. (My number was 4.3 percent.) | It's worth noting that 4.2 percent is a very low rate of unemployment by historical standards. The unemployment rate did not get this low from 1970 until 1999. Then, after the recession in 2001, it didn't again fall to 4.

2021-12-06 03:26 | 23:26 EST | jz | 7 | 0 | 3 | 2 | 0