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WILMINGTON, Del. – President-elect Joe Biden addressed the nation Friday about the November jobs report that shows American companies are hiring at a slower pace as COVID-19 cases spike across the country.The report released by the Department of Labor Friday shows that the unemployment rate fell slightly to a still-high 6.7%. However, the gain of 245,000 jobs last month was the fewest added since the spring, when the pandemic and widespread quarantines forced mass layoffs.Biden started his remarks by calling the jobs report “grim.” He said it showed an economy that’s stalling and we’re in one of the worst economic job crises in modern history. However, he said it doesn’t have to stay that way.“If we act now, now I mean, now, we begin to regain momentum and start to build back a better future,” said Biden. “There’s no time to lose. Millions of people have lost their jobs or had their hours slashed. They’ve lost their health insurance or are in danger of losing their health insurance.”Biden said it’s deeply troubling that last month’s drop in unemployment was driven by people who are dropping out of the job market.“They’ve lost hope of finding a job or they’ve taken full-time caregiving responsibilities as child centers remain closed and their children learn remotely,” he said.Biden listed many sobering statistics that show how much Americans need relief during this crisis.“One in every six renters is behind in rent. One in every four small businesses can’t keep their doors open. And there’s a growing gap in Black and Latino unemployment, and the gab remains much too large,” said Biden.As he doesn’t take office until the end of January, Biden is calling on President Donald Trump and the current Congress to act in the interest of the American people now.“If Congress and President Trump fail to act by the end of December, 12 million Americans will lose their unemployment benefits they rely on,” said Biden. “Merry Christmas. The unemployment benefits allowing them to keep food on the table, to keep the lights on, and the heat on, pay their bills.”If lawmakers don’t act, Biden pointed out that emergency paid leave will end, the moratorium on evictions will expire, and states will lose the vital tools they need to pay for COVID-19 testing and public health.“If we don’t act now, the future will be very bleak,” said Biden.Biden did say he was encouraged by the bipartisan 8 billion relief plan that was proposed this week, but said more aid will be needed throughout 2021 in order to get the country back on track. The latest relief plan doesn’t include ,200 stimulus checks for Americans, but Biden said he’s not convinced it won’t be part of the bill in the end and added that it’s “still in play.”Biden also called for funding for COVID-19 vaccines and testing as the U.S. finds itself in its most perilous point in the COVID-19 pandemic to date.“We need to ramp up testing to allow our schools and businesses to operate safely. The sooner we pass the funding, the sooner we turn the corner on COVID-19,” said Biden.On Thursday, Johns Hopkins said that the U.S. reported record numbers of new COVID-19 deaths and infections. Since Halloween, more than 5 million Americans have contracted COVID-19 — a number that represents about 36% of all cases recorded since the pandemic began.Biden's remarks come days after he announced his picks for key economic positions in his incoming administration. Among them is former Fed chairwoman Janet Yellen, who Biden has tapped to run the Treasury Department. Yellen, a Keynesian economist who is not afraid to allow the government to intervene in the free market, will be tasked with working with Congress to get stimulus packages passed.Biden is also expected to announce his picks for key public health positions in the coming days. On Thursday, Biden said in an interview with CNN that he has asked Dr. Anthony Fauci to remain in his role as the head of the National Institute for Allergies and Infectious Diseases and asked him to be a chief medical adviser to his White House.At the end of his remarks, Biden took some questions from reporters. One asked for Biden’s reaction to those saying his Cabinet picks so far haven’t been diverse enough. He responded by saying his cabinet will be the “single most diverse cabinet” in U.S. history. 4332
When natural disasters like hurricanes and wildfires hit, many who live dangerously close to the devastation are told to evacuate. Truck drivers who are delivering important shipments to those areas, don't have that luxury."In 2012, when I just got my CDL, I actually did relief supply for the hurricane that hit New York and New Jersey. I was teaming [with another driver], I was training and it hit. They asked me to stay on for another month," said Wayne Cragg, an experienced truck driver who owns and drives his own big rig and delivers shipments all over the country for various companies. Cragg has delivered supplies in the middle of and in the aftermath of countless natural disasters, including Hurricane Sandy. Often times, truck drivers are bringing necessary equipment or supplies, but in order to get them there, they have to take their own safety precautions so they don't end up victims themselves."When I did a run into New Jersey that hit pretty hard, when I first got there that first week they still had standing water when we had to back in [to the dock]," said Cragg.Cragg ensures he has three major supplies when heading to the scene of a natural disaster. "F.F.W. - fuel, food and water. It's huge, especially the fuel. A lot of other things you might be able to get off of other people, but fill up. One tanker full for our trucks, we can go a long time when you fuel up and you never know what's going to happen," said Cragg.Pilot Flying J, a national chain of truck travel centers, provides fuel, food, showers and other amenities for truck drivers when they're on the road. "As you track the weather, we all got a little lucky in terms of it. It took a little jog to the right. We had six stores down for a period of time but again, we recognize that we have amazing team members that work around the clock to get us up and running," said Pilot Flying J's Chief Operator, Jason Nordin. Nordin says they had to shut down two locations in Texas and four in Louisiana during Hurricane Laura. Their location in Lake Charles, Louisiana is still closed due to damage."We'll work with the local authorities. In certain markets there was a four mile evacuation order so we obviously work with them. In some cases we'll work with the local authorities to stay open a bit longer if certain law enforcement need to have fuel. We'll work out the last possible moment to make sure we stay safe," said Nordin. Often times, truck stops and gas stations have to follow evacuation orders during wildfires and hurricanes to keep their employees safe. Nordin says when they have to shut down, they try to get back up and running as soon as possible."We take great pride to stay open as long as we can and open as quickly as we can because we do recognize our role to take care of the first responders, take care of the trucking drivers that are trying to move things not only through the market to other markets but also for the local community, for those that live there," said Nordin.Wayne Cragg remembers being stranded at a truck stop while trying to deliver supplies to a wildfire in Oregon five years ago. "Unfortunately, it hit a big area on I-84 and that actually stopped me one night. It was the strangest thing because the fire kept going up and down the hills with the wind which they blocked us off on 84. I thought I was going to get by it because it was open before," said Cragg.Cragg and Pilot Flying J are thankful to all the truck drivers delivering supplies amid natural disasters this year. "Here we all are once again delivering to the places and the floods and hurricanes and fires. So, my hope is that the American public should just say we are always there when things happen," said Cragg.Bringing relief in an emergency, no matter the trek to get there. 3794

With emotions still raw days after a deadly school shooting in Florida, one Ohio family is fighting back against what they think is an unfair punishment.Beth Mertel says one of her son's peers brought a toy gun to Greenbriar Middle School in Parma on Feb. 8, and pointed it at her son, Joey."He says he doesn't want to be the snitch," Mertel said. "They're 11 years old. They're kids. They're trying to find their place with their friends too."Mertel says the Parma City School District suspended the student who brought the toy gun, along with three other students, including Joey, for knowing about it but not telling an adult about it.The district stands behind the discipline, saying the three additional students were punished under a part of the Student Handbook labeled "Withholding Information."Mertel's concern is with the severity of the punishment, not the rule she admits her son should have followed."No matter how much I disagree with the suspension, you still should have said something," said Beth.Mertel says Wednesday's tragedy in Florida is an important teaching moment."I said [to Joey] you need to go home and turn on the news," said Beth. "You need to watch this, you need to understand this."The district tells us that suspension will stay on Joey's internal school record through middle school and into high school. Beth says it's a hefty punishment that falls short of teaching the lesson she says is worth learning."Whenever you see something, you have to tell somebody," said Mertel. "That's the only way this is going to be taken care of." 1605
What would it take to save million for retirement? Right now, more people than ever are 401k millionaires.Financial adviser Jonathan Duong says saving million is not as impossible as it may seem."A million dollars is very achievable for folks who aren't necessarily making really large six-figure incomes," Duong says. The average 401k millionaire has been contributing to their retirement fund for over 30 years, according to MarketWatch. So, how do you get to million in your 401k? Duong says there are a few easy ways. First, defer over 10 percent of your paycheck to your 401k. Fidelity Investments says it might seem like a lot, but in the end, it should leave you with an annual income that you're use to once you retire. Next, take advantage of your employer match."A match is free money," Duong says. MarketWatch found 28 percent of the contributions to the average 401k millionaire's account came from their employer. "Additional things you can do is working a little bit longer and delaying social security," suggests Duong. Delaying Social Security until you’re in your 70's will allow you to get more money opposed to taking it sooner. “It’s fairly good to say that if you've got 25 to 30 times your annual living expenses saved up, you might be in a position to retire, but there are a lot of other details that go into it," Duong explains. There's no rule of thumb for how much everyone should save, Duong says. It all depends on your living expenses and how much it takes for you to live comfortably. "In my mind, the ability to start today is really a reality for most people it's never too late," Duong says. 1756
Willie Nelson's 35th annual benefit concert Farm Aid is going virtual this year.Musicians John Mellencamp, Neil Young, Dave Matthews, and others will come together on Sept. 26 at 8 p.m. ET to help raise money for farmers who face challenges amid the coronavirus pandemic.“This pandemic and so many other challenges have revealed how essential family farmers and ranchers are to the future of our planet,” said Farm Aid President and founder Willie Nelson in a press release. “Farm Aid 2020 is going to give the whole country a chance to learn about the important work of farmers and how they’re contributing to our well-being, beyond bringing us good food.”The three-hour event will be live-streamed on Farm Aid’s YouTube channel, AXS TV, and Fans.com.You can find the full line-up here. 796
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