Friday, June 4, 2021

May's mixed jobs report

US job growth continues to plod along behind schedule; China cracks down on Tiananmen Square remembrance in Hong Kong.

 

Tonight's Sentences was written by Gregory Svirnovskiy.

TOP NEWS
The country added 559,000 jobs in May, another step toward gradual recovery
Paul Weaver/SOPA Images/LightRocket via Getty Images
  • After anemic growth in April meant the US added just 278,000 jobs while expecting roughly a million, May's jobs report was better. Jobs are up by 559,000; unemployment is down to a pandemic low of 5.8 percent. [WSJ / Amara Omeokwe]
  • May is the second straight month in which overall job growth has underperformed societal expectations. Experts expected the country to add 671,000 new jobs. [CNBC / Jeff Cox]
  • It's a mixed bag of results. Businesses and other facilities continue to reopen amid rising vaccination rates, and federal stimulus money continues to benefit Americans. But a mass labor shortage is plaguing true growth. [MarketWatch / Jeffrey Bartash]
  • Experts say the labor shortage is being caused by a number of complex factors: lack of child care options for young families, lingering fears regarding the Covid-19 pandemic, and generous unemployment benefits. They expect hiring to pick up once in-person schooling opens up in the fall. [MarketWatch / Jeffry Bartash
  • Bottom line: Just like the pandemic, this economic recovery figures to be unprecedented. We're facing shortages of labor, ketchup packets, cars, and computer chips. And jobs aren't gaining in number as quickly as experts thought they would. But they are going up. And that's a big deal. [Vox / Emily Stewart]
 
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Hong Kong is increasingly under the thumb of the Chinese government
  • For the first time since Hong Kong was brought back into China's orbit in 1997, the city's annual candlelight vigil in Victoria Park commemorating the Tiananmen Square Massacre is being silenced by the state, officially designated as an unauthorized assembly. Suspected organizers and demonstrators are being arrested. [CNN / James Griffiths]
  • For years, the vigil stood as a barometer of public interest in government, and also in the government's capacity to sanction democratic activity. Mass unrest in 2019 compelled the Chinese government to ban attendance this year and last, officially citing coronavirus concerns. [NYT / Vivian Wang]
  • Police have already arrested top Democracy activist Chow Hang Tung, vice chair of the Hong Kong Alliance, for promoting the vigil on social media despite its ban. [The Hill / Lexi Lonas]
  • A security law passed last year furthered a state crackdown over dissent in Hong Kong, making it easier to punish protesters and reducing the influence of local leaders. [BBC]
MISCELLANEOUS
Utah Gov. Spencer Cox is asking residents to pray for rain as the state continues to experience severe and prolonged drought conditions.

[Deseret News / Katie McKellar]

 

  • Donald Trump thinks he, former Arizona Sen. Martha McSally, and former Georgia Sen. David Perdue will be back in Washington by August, claiming election audits will repeal established Democrat victories in the White House and in Congress. [National Review / Charles C.W. Cooke]
  • Just 50 days before the start of the postponed 2020 Tokyo Olympics, nearly 10,000 volunteers have told organizers they will not help with the running of the games, likely due to concerns over the coronavirus pandemic. [CNN / Chie Kobayashi, Selina Wang, and Joshua Berlinger]
  • Alaska, Arkansas, Georgia, Idaho, Louisiana, Mississippi, Oklahoma, Tennessee, and Wyoming — among the states with the country's lowest vaccination rates — are "sitting ducks" for a new covid wave, according to National Institutes of Health Director Dr. Francis Collins. [CNN / Madeline Holcombe]
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VERBATIM
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[Facebook vice president of global affairs Nick Clegg on the company's decision to suspend former President Donald Trump from its platform for at least two years]

LISTEN TO THIS
The lab leak theory

 

The idea that Covid-19 emerged from a Chinese lab once sounded too fringe to take seriously. That's starting to change. [Spotify]

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