Daily Red Alert - 7/8/22
“Economists had expected the economy to add 250,000 jobs and the unemployment rate to hold steady at 3.6 percent. The range of forecasts by economists surveyed by Econoday was between a gain of 190,000 to 350,000.”
“Far-left social networking platform Twitter is letting 30 percent of its recruiting staff go, amid widespread layoffs throughout the tech sector, as well as the potential of Elon Musk taking over the company.”
Abortion Looms as ESG Issue for Companies After Voiding of Roe - Bloomberg Law
“Companies are being cautious and deliberative in how they factor abortion into their long-term ESG plans despite demands for swift action from shareholders, employees, and the public after the Supreme Court overturned Roe v. Wade.”
“The folk rockers, who pulled their library of songs off of the streaming platform in solidarity with ex-band member Neil Young, are reportedly planning to donate their earnings from streams to charities aiding those infected with COVID-19, according to Billboard.”
“Even so, most companies are continuing to avoid taking a public stand on the issue. According to a new survey of 1,003 human resource managers by the Society for Human Resource Management, 97 percent of U.S. companies didn't issue a statement regarding a leaked Supreme Court draft opinion overturning Roe v. Wade, which largely mirrored the final ruling.”
Netflix Doesn't Want to Hear It Anymore - The Verge
“The impetus for the questions was Dave Chappelle’s newly released comedy special, The Closer, which Netflix had bought for $24.1 million. Many employees felt the comedian had crossed a line with his jokes about the trans community. Netflix executives disagreed.”
Woke Corporations? That Ain’t What the Numbers Show. - American Perspective
“A study published last month by the National Bureau of Economic Research (NBER) tracked the partisan voter registrations of CEOs and other top executives at the S&P 1500 over the past decade and a half and found that the percentage of Republicans had risen from 63 percent in 2008 to 68 percent in 2020.”
RedBalloon in the News
Biden Job Numbers Death Knell? Red States Are Winning the Post-Pandemic Economy - Publius National Post
Andrew Crapuchettes is the visionary behind RedBalloon, which is a free speech job site. Like Musk, and others, Andrew is an advocate of free speech and is taking action to combat the left’s censorship and restore freedom.
The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.