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tv   Whatd You Miss  Bloomberg  August 3, 2021 4:30pm-5:00pm EDT

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romaine: we are looking at president joe biden speaking in washington about the eviction crisis and other measures about the economy area -- the economy. pres. biden: it is highly transmissible and is causing a new wave of cases. experts tell us we're going to see these cases rise in the weeks ahead. largely preventable tragedy will get worse before it gets better. what is different about this surge than previous ones, we have the tools to prevent these
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cases, shutting down our businesses, schools, societies. cases are on the rise and it is important to know we have not seen a comparable rise. that is because 160 5 million americans are fully vaccinated. including 80% of the most vulnerable americans, our seniors. the best line of defense against the delta virus is the vaccine. i want to be crystal clear about what is happening in the country, we have a pandemic of the unvaccinated. i know there is a lot of misinformation out there. so, here are the facts. if you are vaccinated, you're highly unlikely to get covid-19. even if you do, chances are you won't show any symptoms and if you do, they will most likely be
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very mild. vaccinated people almost never are hospitalized with covid-19. in fact, according to one recent study, 95% of overall covid-19 hospitalizations are among those not fully vaccinated. data shows virtually all of the cases, hospitalizations and death due to covid-19 are from the unvaccinated population. last month, a study showed over 99% of covid-19 deaths are among the unvaccinated people. 99%. if your unvaccinated, your much more likely to get covid-19. if your hospitalized, and die. people will die who have to die. that data is clear. we have a pandemic of the unvaccinated.
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think of it this way, 191 million americans have gotten at least one shot, including 70% of adults over the age of 18. 165 million americans are fully vaccinated. but, about 90 million are eligible for the vaccine and still have not gotten their first shot. i think there is a clearlake, i know, i don't think actually, the lowest vaccinated state in the states with the highest case rates. this past week, the most vaccinated state in america, vermont, has seen just five new cases. five per day. for every 100,000 people who live in that state. that means, on any given day only 30 people in the entire state of vermont got covid-19. nearby maine, which is vaccinated -- has seen nearly 6%
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increase in vaccination. they're saying nearly 10 to 20 million more cases for unvaccinated people in lower vaccinators states read it is heartbreaking. particularly because it is preventable. that is why we are doing everything we can to get more people vaccinated. and we are seeing real results. in the past two weeks, we've seen a 55% increase in the average number of new people getting vaccinated every day area in the last seven days alone, 3 million americans have gotten their first shot. that is the highest seven-day total in a month. and more importantly, the eight states with the highest current case rates have seen a doubling of the number of people newly vaccinated each day. the message is getting through, apparently.
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louisiana has seen 212% increase in the average number of vaccinated in that state per day. going from 3600 to over 11,000 people vaccinated per day. arkansas is up 99 percent. mississippi 125%. alabama is up 186%. going from 3200 to 9100 53 people vaccinated per day. this will make a big difference. encouraging signs. we have to continue our aggressive efforts to vaccinate the unvaccinated. last week, i announce additional steps to incentivize americans to get vaccinated. including $100 for anybody willing to step up and get a shot. already minnesota and new mexico have done that.
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this hundred dollar incentive today. in north carolina. places have offered $100, 100 thousand dollars would be really good. i go back and get vaccinated three times. [laughter] with all kidding aside, 100 dollars to get vaccination, there has been an uptick in daily vaccination rates. we also announced a small and medium-sized business will be fully reimbursed, offering paid time off for their employees to get vaccinated. and for them to take a child or parent to get vaccinated. i announced some tough, sometimes unpopular steps to keep people safe in the economy strong. all federal workers must report the vaccination status for be subject to strict requirements. any federal worker who does not attest to their vaccination status or is not vaccinated will
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be required to mask and where they work. test once or twice a week. socially distance and will not be allowed to travel for work. i directed by administration to take steps to apply similar status for all federal contractors. if you want to do business at the federal government, get vaccinated. also look at adding covid-19 to a list of vaccination required for our troops. others are required. i approved the department of veterans affairs. the good news is, now many are following the federal government's lead. the past several days, state and local officials have come out to oppose similar vaccination mandates. the private sector is stepping up as well.
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i want to think walmart, google, netflix, tyson foods for the recent actions requiring vaccination for employees. look, i know this is not easy. but, i will have their backs. and the backs of other private and public sector leaders. the others have declined to step up. they find it disappointing. worst of all, some state officials are passing laws signing orders that forbid people from doing the right thing. as of now, seven states not only banned mask mandates but also banned them in their school districts. even for young children who cannot get vaccinated. some say they would even ban businesses and universities from requiring workers or students to be massed or vaccinated. the most stream of those measures is like the one in
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texas, state universities or community colleges could be fined if it allows teachers to ask unvaccinated students to wear a mask. what are we doing? covid-19 is a national challenge. all of it together. make no mistake, the escalation of cases is particularly concentrated in states with low vaccination rates. two states, florida and texas, account for one third of all new covid-19 cases in the entire country. two states. we need leadership from everyone. some governors are not willing to do the right thing to beat this pandemic. they should allow businesses and universities who want to do the right thing to be able to do it. i say to these governors, please
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help. if you're not going to help, at least get out of the way of people who are trying to do the right thing. use your power to save lives. i have made it our first and top priority to have a vaccine available from every single american for the data collected. that was my priority. let me be clear, we have supply for every single american. that will never change. it is also to share some of the vaccines with the world. from the beginning of my presidency, i have been very clear we need to attack this virus globally. the virus knows no boundaries. for cannot build a wall high enough to keep out. there is no will high enough or ocean wide enough to keep us
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safe from the backseat -- from covid-19 and other countries. in fact, like the original virus that causes covid-19, the delta variant came from abroad. as long as the virus continues to raise outside the united states, potentially more dangerous variants romaine: we're listening right now to u.s. president joe biden speaking about the covid crisis. he is urging people to get vaccinated. urging state governors to step out of the way of federal efforts to do so here. we will continue to listen and bring you any breaking news as it comes. for our terminal subscribers, you can go live on the bloomberg terminal and continue listening in here. we should point out, we are hoping to get some word here about the affection crisis.
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earlier, about the federal efforts to extend that addiction moratorium, which effectively expired at the end of july. we will keep an ear out for that. you're watching what'd you miss i'm romaine bostick alongside caroline hyde and joe weisenthal. this is a reminder of the challenges of getting us back out there. he talked about restaurants, theaters, entertainment, there so many challenges that only getting things open but keeping them open. joe: if you guys notice rides are more expensive these days for left? people have observed that. lyft turning an adjusted profit. if you strip out compensation, not on a gap basis. but, still romaine: are you anti-adjusted? joe: i am pro-adjusted the smarter people than be looked on.
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nonetheless, it looks like the markets agree with me. sending shares up nearly 7% after hours. a new survey takes a deep dive into health professionals are looking into opportunity in the labor market. let's bring in a chief economist adam owes a deck. thank you so much for joining us. there has been so much speculation about what the pandemic work from home would mean. the future of labor, going back to march of 2020, now looking pretty deep into this. what has come true? what can you say would be a permanent change to people will come out of this? >> there is no doubt that the sheriff people working remotely will go up a lot. i think a lot of businesses think they're going back to a new normal. they are making up their minds
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about what workers are going to do back in the office or not back in the office. the power is still a lot of workers hands. we have found that 17% of workers are working largely remote during the pandemic. they were considering quitting to find a job that was more remote. 18% are considering freelancing. caroline: we were just talking about the gig economy workers. rides on lyft and uber are pretty expensive right now. what about the joy of freelancing or not? are people making that pivot? to get that flexibility? >> people are definitely making the jump. it has been a strong year for work. also, if you look, you can see
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registrations have been strong through the pandemic and the recovery. i don't think it is a matter of having to take less pay in order to freelance. in general, we find people think they make more money freelancing then they did from the traditional employer. flexibility is extremely valuable to a lot of people. romaine: i do wonder if we get to a stage were some of the establishment maybe adjusts to the times. an increase in pay or providing that flexibility that a lot of these workers want here. is there some potential for that? as we kind of cross a rubicon, to never go back? >> the labor market is very diverse. there are not going to be one way of working in one way of operating. we are going to have businesses operating across the spectrum of remote. where we see the most growth is in a more flexible arrangement.
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for workers who truly want to be flexible to decide what hours of the work -- what hours you work, which days of the week, it varies we week, month-to-month, that is not something the traditional employment can replicate. i think employers can give a lot of flexibility. and, i do think that they will. it gets to a point were traditional employment cannot offer the same flexibility. joe: just talk more about traditional employers. they say at the beginning they all think a new normal, the normal is going to come back. eventually everyone will come back to the office. maybe after labor day, october, a little later. depending on delta. at what point will the rubber hit the road? when you expect companies and managers who expect that old normal to return to do what it dawns on them that they can't get a talented labor force back in the office like they could in
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december of 2019? >> the elevated quit rate already is, i'm not going to say mostly due to people leaving from remote work but that is part of it. we are seeing people make a decision to leave -- to leave their jobs. we are starting to see a little bit of that traction. i think it's basically going to correspond to a return to work plan. i think that is when people are going to make the decision, am i going back or looking for new work? from our survey, something a lot of them are looking for new work. employers have to realize that just because something is not optimal from their perspective, that is not the end of the -- not the end of the. they would have to change their optical -- optimal way of working. caroline: is there a this is how
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people feel in the moment? we still see the delta variant out there. do you think at some point in two years time, we will all go back to craving and offices sometimes? or getting back to the city in some way? is it, dare i say some sort of immediate backlash to what has just occurred in our lives? and we will surely find some again? >> we have done surveys of managers. specifically asking them to think about the longer-term. those numbers are really high. nowhere near pre-pandemic levels. we are talking 25% of the labor market remote. that is, from the management perspective, which i think is going to be more conservative. that focuses on the long run. i also think the fact that people are willing to quit their jobs over it, they are pretty furious about it.
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you don't quit your job over some sort of short-term life consideration. you do it when you have a big disagreement with your employer. caroline: go to thank you so much, i think you are sticking with us with a quick conversation on restaurants. meanwhile, it looks as if the ongoing discussion over the future of andrew cuomo, president biden is saying cuomo should indeed resign. we have already heard calls from nancy pelosi on this point. but, that is the latest headline coming out of this event with president joe biden. this is bloomberg. ♪ his is bloomberg. ♪
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caroline: president biden hosting a press conference, calling on new york governor
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andrew cuomo to resign. following the findings of sexual harassment from the ag. meanwhile, biden also sing the cdc will announce new fiction later today. any calls for an eviction ban is likely to face hurdles. notably, president biden discussing health policy. saying the government is engaged in bad health policy. romaine: this comes in a day were here new york, they say we are going to require you to have a vaccination to go to the restaurant. i believe this takes effect in the next week. they're going to have a great period of between when they enact and enforce it. this is a big deal. direction talk to a couple of restaurant owners. all trying to get back up and running. more restrictions, just how much
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it seems to change on a day-to-day basis. caroline: a mental block as well. concerned raising, all of this in the midst of summer. it has been a difficult time for those restaurant. thinking of the curry -- of the recovery in new york. there's a cold pizza and burger place. indeed, the challenges they face down the reopening. new york city restaurants are back as vaccination rates build, that plexiglas barrier is coming down. the bar tabs are racking back up. now, restaurant tours have a new headache -- workers. >> the irony is business is alive and well now. the economy is finding its way. caroline: this is a brooklyn born pizza pub, cofounded back
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in 2016. after getting a call following and critical acclaim, the restaurant has expanded with 12 locations across cities and states like nashville and virginia. business is back on track. the pandemic shutdown hit hard. >> has been a challenging year and a half, two years at this point. we were finding a lot of momentum. an opening dislocation of the fall of 2019. our first restaurant in washington, d.c. and december. we anticipate a lot more snowball from there but everything stopped. caroline: after a major shift to online pizza making kits, classes, and give -- and delivery capabilities, the business was able to weather the storm. >> where's that camera? please come in. fill out an application. every platform, we are
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searching, putting out ads. caroline: the company is offering bonuses and remain focused on bringing talent. to make these decadent pizzas. emily is hopeful for the future, and recognizes the impact of the global crisis. >> there is a deeply rooted sense of shift and the collective conscious with what it means to be a person in this world right now. how can we not be affected by this? i can't expect anything will normalize. we will just have to see how it progresses. caroline: one request? be nice to your servers. what is extraordinary as we record that a couple of weeks ago. it just part of a series that we are featuring here on what'd you miss around new york city. already feel like things of change. i sat there without a mascot and already we are looking at having
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to put masks on. joe: check out caroline and romaine's write up of their experience. romaine: a franchise going there. caroline: that does it for what'd you miss. joe: bloomberg technology is up next. romaine: have a great evening, this is bloomberg. ♪ and there you have it -
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>> this is bloomberg technology with emily chang. ♪ emily: i'm emily chang and san francisco. coming up in the next hour, lyft turns its first ever adjusted profit. a milestone for the rideshare

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