Daily Red Alert - 8/31/22
“The ADP report on private payrolls had long been looked to as a preview of the official jobs figures from the Labor Department typically released a few days later. The two reports had fallen badly out of sync as the economy fluctuated wildly during the pandemic, however, and ADP suspended its report for a few months this summer while it reworked how it counts jobs.”
“The best way to understand the ways that Big Tech companies do and don't compete with one another is to use the old Watergate adage: Follow the money.”
Corporations are going woke, but a backlash is underway - Fox Business
"Why, then, are businesses adopting woke policies and contributing to social justice movements? Do their leaders believe they can purchase absolution for their hard-earned profits or boost their brand with progressive politics? If wokeness is antithetical to good and honest business, why would corporations "go woke"?"
"The Pfizer “Breakthrough Fellowship” is described by the pharmaceutical giant as a “first of its kind” program that will work to “advance students and early career colleagues of Black/African, Latino / Hispanic, and Native American descent.”
“The Verge reports that Snap is planning to lay off 20 percent of its workforce of over 6,400 employees. The layoffs have reportedly been planned for several weeks and will begin on Wednesday, affecting some departments worse than others.”
“The nearly one-year decline from 2020 to 76.1 years marked the largest two-year drop in life expectancy at birth in close to a century, the U.S. Centers for Disease Control and Prevention (CDC) found.”
RedBalloon in the News
A New Conservative Age is Rising with Dr. Steve Turley - The Courageous Economy
“If you are a conservative, there is a lot to be excited about, even in these tumultuous times. That's what internationally recognized scholar, speaker, and author Dr. Steve Turley says. He joins Andrew to share why we are seeing the fall of secularism in America, how the modernist myth is losing its hold, and the reinvigorated conservative movement.”
The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.