Vaccine Expectations Remains While U.S. Non Farm Payrolls Dropped By More Than 50% In November

On the health sector, though the outbreak in the United States and other areas of the world is still spreading quickly, hope about vaccinations remains. Vaccination in the United Kingdom begin today.

Meanwhile the U.S. health authority FDA, will meet on Thursday and is expected to grant vaccine applicant Pfizer Inc (PFE) and its German affiliate BioNTech SE (BNTX) emergency use permission, with delivery likely beginning the next day. Time is running out as new reports of cases, deaths and hospitalizations due to the new coronavirus are released by the United States, and much of California finds itself confined. Japan and South Korea are also concerned in Asia, while the stabilization of the pandemic remains to be confirmed in Europe.

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The estimated number of confirmed cases of the virus exceeds 67 million worldwide, including approximately 15 million in the United States, according to Johns Hopkins University on Monday. 1.54 million people worldwide have been killed by the virus, including more than 283,000 in the U.S. which came to be the most affected country from the pandemic.

Over the past seven days, daily cases in the United States have remained close to 200,000 on average, also touching almost 230,000 on Friday. Hospitalizations in the nation are still over 100,000, though deaths are at their peak.

Released on Friday, the new United States jobs figures have intensified pressure on the political class to find an agreement. As a result, as coronavirus cases and hospitalizations increased, the labor market weakened in November, leading to new travel restrictions in several states.

Just 245,000 non-farm payrolls created in November came down almost half of economists’ consensus of 470,000 enrollments, while 610,000 non-farm employments were created by the U.S. economy in October. It should be noticed that October’s number of job listings were also revised down from 638,000 to 610,000.

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