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COVID-19: US companies fire 44.2m workers

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US companies 44.2m workers

COVID-19: US companies fire 44.2m workers

The total United States (US) sacked workers caused by the deadly coronavirus pandemic reached 44.2 million even as businesses are trying to reopen, and analysts warn of continuing damage to the world’s largest economy as COVID-19 shows few signs of abating.

Wall Street stocks plunged Thursday, reversing recent momentum as traders became spooked by resurgent cases of the virus in parts of the country and new Labor Department data showed another 1.54 million workers filed for unemployment benefits last week.

The massive layoffs have become routine since shutdowns to stop the coronavirus from spreading began in mid-March, reaching their peak later that month and declining since.

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Some workers are back on the job as states reopen, but the total for the week ended June 6 is still well above any figure seen during the global financial crisis in 2008, even though it fell 355,000 from the prior week.

Rubeela Farooqi of High-Frequency Economics said the data shows the US economy is clearly not back to normal.

“States and businesses have reopened, but activity remains restricted and subdued, which will likely result in ongoing layoffs over coming weeks,” she said in an analysis.

COVID-19 remains a stubborn threat in the United States, which continues to record around 20,000 new cases every day with few signs of reduction. States like Texas and North Carolina are seeing more patients hospitalized with the virus than a month ago.

Federal Reserve officials on Wednesday released forecasts projecting the US economy would contract by 6.5 percent this year, and Fed Chair Jerome Powell warned that some workers may not find jobs for a long time.

The Labour Department data showed about 20.9 million people were receiving unemployment payments in the week ended May 30, down from 21.3 million the week before – indicating that people were either returning to work or had their initial claims denied.

All told, the report was in line with May’s unemployment rate, which declined to 13.3 percent from 14.7 percent in April as the US economy added 2.5 million jobs.

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COVID-19

PCR Tests for Travellers Fraudulent, Probe NCDC, Ministry – WHO Envoy

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PCR Tests for Travellers Fraudulent, Probe NCDC, Ministry – WHO Envoy

The World Health Organisation’s Special Envoy for the Access to COVID-19 Tools Accelerator, Ayoade Alakija, has called for an investigation of the Nigeria Centre for Disease Control and the Ministry of Health over the required COVID-19 PCR tests for inbound passengers to Nigeria.

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Alakija, in a tweet via her official Twitter handle, @yodifiji, wondered why the PCR tests were done with no reagents.
According to reports, the Director General of the Nigeria Centre for Disease Control, Ifedayo Adetifa, had earlier insisted that Nigeria would not scrap COVID-19 tests for inbound passengers into the country.

Adetifa had said the country was reporting a high rate of COVID-19 cases from inbound passengers, hence the need for the insistence of the tests.
Alakija, reacting to a tweet by a journalist, David Hundeyin, tweeted, “It’s a scam. The entire thing is a criminal enterprise and should be exposed. “Diagnostic tests to enter a country where the government officials have interest in Dx test centres. PCR tests with no reagents? NCDC and MOH should be investigated. It is a scam, period.”

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COVID-19

Austria Suspends Mandatory Covid-19 Vaccine Law

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Austria has announced that it is suspending mandatory Covid-19 vaccinations for all adults this came weeks after the legislature took effect in an EU first.

 

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The Alpine nation of nine million people was among few countries in the world to make jabs against the coronavirus compulsory for all adults.
The law took effect in February and called for fines up to 3,600 euros ($3,940) from mid-March for those who do not comply.

However, minister Karoline Edtstadler said the law’s “encroachment of fundamental rights” could no longer be justified by the danger posed by the pandemic.
“After consultations with the health minister, we have decided that we will of course follow what the (expert) commission has said,” Edtstadler told reporters after a Cabinet meeting.
“We see no need to actually implement this compulsory vaccination due to the (Omicron) variant that we are predominantly experiencing here.” He noted

According to him,the highly-contagious variant is widely believed to be less severe than previous strains of the virus, and so far Austrian hospitals have been able to cope with a surge in cases.

 

Read Also: Manufacturers’ Demand For Forex Nears $2b Amid Scarcity, Weak Naira

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F.G. Commences Vaccination with Over 30 Million J&J Vaccines

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Following efforts to increase the COVID-19 vaccination coverage of eligible persons across the country, the Federal Government has launched the service delivery, communication, accountability, logistics, electronic reporting, and supportive supervision (S.C.A.L.E.S) strategy.

The SCALES 2.0 strategy, which will ensure that more Nigerians can easily locate a nearby health facility to get vaccinated by visiting the website (www.vacsitefinder.nphcda.gov.ng), will also integrate childhood immunisation alongside other primary health care services.

 

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Also, eligible persons can now get vaccinated with a single shot of the Johnson and Johnson (J&J) COVID-19 vaccines, as there are over 30 million vaccine doses available.

Nigeria has received over 64 million COVID-19 vaccines – AstraZeneca, Moderna, J&J and Pfizer. Furthermore, 48 million vaccines are expected before mid-year.

Latest vaccination data showed that as of February 21, 2022, a total of 17,199,853 eligible Nigerians have received their first dose of COVID-19 vaccination, while 7,663,560 have received their second dose. In total, 24,863,413 vaccine doses have been administered.

The Executive Director and Chief Executive Officer of the National Primary Health Care Development Agency (NPHCDA), Dr Faisal Shuaib, made this known in Abuja during the launch of the SCALES 2.0 strategy with the use of the single dose J&J vaccine.

Dr Shuaib said: “We want to ensure that we not only decentralise COVID-19 vaccination, but make sure that we improve coverage and access to COVID-19 vaccination. Today, we are vaccinating just a little over 200,000 people per day. For us to reach our target of reaching 70 per cent of eligible populations before the end of 2022, we have to hit 550,000 people per day. This will ensure that we reach herd immunity.

“We are also going to be launching the single shot vaccine (Johnson & Johnson) for everyone. We understand that one of the reasons there is a gap between our first and second doses is because people experience adverse events following COVID-19 vaccination. Although the adverse events are very mild, we know that the opportunity to have a single shot not only in the hardest to reach areas, but everybody having access to one single shot will definitely increase our coverage of COVID-19 vaccination.

“The COVID-19 vaccination ‘site finder’ will improve the ability of Nigerians to assess COVID-19 vaccines. If you are able to sign on to this website, you will be shown the nearest COVID-19 vaccination centre.”

In her remarks, the World Health Organization (WHO) Regional Director for Africa, Dr Moeti Matshidiso, hailed the Federal Government’s vaccination strategy and efforts in ensuring that more Nigerians are covered.

She said: “I think we have learnt many lessons on how to leverage the capacities and lessons in delivering such campaigns in a country like Nigeria and internationally.

“I understand that there is going to be a great deal of emphasis on decentralisation – on really leveraging the decentralised nature of the Nigerian system and government to engage decision makers at the state and local government level, so that they can drive the very much action needed to speed up delivery of vaccines to the population.

“There will also be the need to expand the delivery capacity because at the same time the country is carrying out this important work, there is other work of delivering vaccines, responding to public health emergencies going on.”

The Minister of Health, Dr Osagie Ehanire, added: “Let me assure Nigerians that we have adequate stock of the Johnson and Johnson vaccine, as we have over 30 million doses in stock. I call on all eligible persons that are yet to receive their vaccination to go to the nearest COVID-19 vaccination site and get vaccinated. This single dose offers the same protection you get from two doses of AstraZeneca, Pfizer Bio-N-Tech and Moderna vaccines.

 

Read Also: Vietnam to End COVID Curbs on International Flights

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