Sunday, February 7, 2021

Digging out of a deep hole: COVID economy hurts the jobless

Americans continue to struggle as COVID economy shows little signs of recovery

"That's a real tribute to the players, the teams and the coaches who have adhered to the COVID protocols, by and large, throughout the season,"

-CBS News special correspondent and host of "The NFL Today" James Brown told Margaret Brennan today on the Super Bowl taking place later today


Welcome to "Face the Nation"'s Five at Five newsletter. Scroll down for your five takeaways from today's broadcast of "Face the Nation" with Margaret Brennan on CBS.

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1. Yellen: Job market still "in a deep hole" with "a long way to dig out"

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U.S. Treasury Secretary Janet Yellen warned Sunday on Face the Nation that the job market is "stalling" and there is a "long way to dig out" as the nation continues to grapple with the economic fallout from the ongoing coronavirus crisis.

What we asked: Many people have stopped looking for work. Is the jobs market stalling?

What Yellen said: "I'm afraid that the job market is stalling. We saw that in Friday's unemployment report, just 6,000 private-sector jobs created, 49,000 overall, and that's after a month in which we actually saw job loss. We have 10 million people unemployed, 4 million have dropped out of the labor market and another 2 million are working part time who really would like full-time work. We're in a deep hole with respect to the job market and a long way to dig out."

Why it matters: The coronavirus crisis has wreaked havoc on the U.S. economy, leaving millions out of work as businesses were forced to shutter or scale down their operations in response to state and local directives designed to mitigate the spread of COVID-19. The nation's unemployment rate fell to 6.3% , from 6.7% in December, according to a Bureau of Labor Statistics report released Friday.

2. Sen. Graham says outcome of Trump impeachment is "not in doubt"

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Republican Senator Lindsey Graham of South Carolina said Sunday on Face the Nation that the outcome of former President Donald Trump's upcoming impeachment trial is "really not in doubt" as many Republicans believe the Senate lacks the authority to try a president who is no longer in office and will likely vote to acquit him.

What we said: The trial memorandum from the House impeachment managers actually lays out a pattern of behavior. They say it wasn't just the speech. They say this was cultivated over time.

What Sen. Graham said: "It's not a question of how the trial ends. It's a question of when it ends. Republicans are going to view this as an unconstitutional exercise. And the only question is, will they call witnesses? How long does the trial take? But the outcome is really not in doubt. That doesn't mean what happened on January the 6th was okay. It means this impeachment, in the eyes of most Republicans, is an unconstitutional exercise."

Why it matters: The Senate is poised to convene as a court of impeachment on Tuesday to hear House Democrats' case for why they believe Mr. Trump committed high crimes and misdemeanors for his conduct in the weeks leading up to and the morning of the January 6 assault on the U.S. Capitol building. The House last month approved a single article of impeachment charging Mr. Trump with incitement of insurrection, and 10 Republicans joined Democrats in the historic vote.

While the House impeached the former president while he was still in office, Republican senators have raised questions as to the constitutionality of the upcoming impeachment trial, as the Constitution does not say whether a former president can be tried.

45 Republicans voted last month in favor of a motion brought by GOP Senator Rand Paul challenging the constitutionality of the impeachment trial, indicating Democrats are unlikely to garner support from the 17 Republicans they would need to convict Mr. Trump.

3. Gottlieb: Vaccinating teachers "not necessarily" a prerequisite for reopening schools

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Dr. Scott Gottlieb, former head of the Food and Drug Administration (FDA), said Sunday on Face the Nation it would be good if teachers were prioritized for vaccinations, but notes that "schools are not a vector of transmission" for the ongoing coronavirus pandemic.

What we asked: The CDC director said vaccination of teachers is not a prerequisite. What should be a prerequisite?

What Dr. Gottlieb said: "I think the prerequisite is putting in place mitigation steps in the schools. The school districts that have reopened successfully and it was good data out of North Carolina where they did some systematic research looking at the experience in those schools which were open, showed that when they wear masks, when they distance, when they try to take precautions in the classroom, there's very little transmission within the classroom. The schools are not a vector of transmission and especially children under the age of 14 are less likely to both get infected and transmit the infection. I think it certainly would be good to be able to prioritize teachers to get them vaccinated so they're not at risk from contracting the infection and spreading the infection. But I don't think it's necessarily a prerequisite. I think schools have demonstrated that they can open safely if they take precautions in the classroom.

Why it matters: Dr. Gottlieb's comments come as the Centers for Disease Control and Prevention are expected to release guidelines this week on how to safely reopen schools. CDC Director Dr. Rochelle Walesnky said in a briefing this week that vaccinating teachers wouldn't be a prerequisite to a widespread reopening effort.

4. WHO COVID lead urges vaccinations worldwide

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As the global community continues to combat the spread of the coronavirus pandemic, especially as more variants pop up worldwide, World Health Organization's COVID technical Lead Dr. Maria Van Kerkhove said on Face the Nation we can't rely on "one product" alone.

What we asked: Are you concerned by this reporting that AstraZeneca's vaccine may not be effective against the South African variant, B.1.351?

What Dr. Van Kerkhove said: "We cannot rely on only one product, and that is not the goal of anyone around the world. So, that is definitely something we need to continue to push forward. But again, vaccines are not just enough. It's vaccination that's really critical. We need to make sure everyone who is at risk, you know, the elderly, people who are most at risk for severe disease, receive the vaccine in all countries around the world, as well as health workers all around the world, as opposed to everybody in just a handful of countries."

Why it matters: Kerkhove's comments come as Johnson and Johnson became the latest to apply for executive use authorization for its own vaccine, providing just one more opportunity to help attack the virus on all fronts.

5. Take a listen: NFLPA's DeMaurice Smith on leading in a pandemic

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How did the NFL season come together as a pandemic raged? And why was it important that the full season - including this today's Super Bowl - get played? For the latest episode of "Facing Forward with Margaret Brennan," Margaret interviewed the head of the NFL Players Association DeMaurice Smith about that and lessons learned from this unusual football season in America.

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