shine trader limited reports:
With the advent of autumn and winter in the northern hemisphere, the world is worried about the rising risk of a new round of epidemic. But for novel coronavirus pneumonia, novel coronavirus pneumonia is the most serious problem in the United States. The urgent problem is probably the sequelae that many new crown pneumonia patients have to face after being cured. This is not only causing damage to the body of cured patients, but also causing serious economic and social consequences.
On October 8, the data released by the U.S. Department of labor showed that the number of new jobs in the U.S. non-agricultural sector in September was only 194000, significantly lower than the market expectation of about 500000, a monthly low since this year. Some analysts believe that the employment data reflect that the U.S. economic recovery has not made the “substantive progress” expected by the Federal Reserve, and the time for the Federal Reserve to reduce its bond purchase plan may be further delayed.
When the employment data in previous months were lower than expected, the mainstream view in the United States was that the federal unemployment subsidy reduced people’s willingness to work. However, after entering September, the unemployment subsidy measures in most parts of the United States have expired, but the situation of weak employment growth has not been reversed or even declined further.
Moreover, while the employment data has fallen sharply, American enterprises are facing serious recruitment difficulties, especially in the construction, logistics and retail industries where blue collar workers are concentrated. Due to labor shortage, the backlog of containers in American ports is serious, and the shortage of supply chain is prominent.
On the one hand, employment is weak, on the other hand, it is difficult to recruit workers. The seemingly contradictory phenomenon reflects the profound impact of the epidemic on the European and American economy and society.
Novel coronavirus pneumonia is still a great number of sequelae, even if it is cured. According to the latest research of Oxford University and the National Institute of health, more than one-third (37%) of patients with new crown have at least one long-term sequelae within 3 to 6 months after rehabilitation. The most common is depression and anxiety, followed by respiratory abnormalities. Martin Mackey, a professor at the school of hygiene and tropical medicine of the University of London, previously said at the who press conference that the “sequelae of the new crown” is like “different combinations of various symptoms”, including chest and muscle pain, fatigue, shortness of breath, and cognitive symptoms described by patients, such as “brain fog”.
In countries with large-scale human infection, sequelae have a sustained and extensive impact on the work and life of cured patients. Take the United States as an example. The total population of the United States is about 330 million. As of October 9, the cumulative number of confirmed cases is about 44 million, and more than 13% of the population has been infected. According to the research of Oxford University, in 2020, the life expectancy at birth of the population in Europe and America was shortened due to the epidemic, and the life expectancy of the population in the United States decreased the most. Compared with 2019, the life expectancy of American men was shortened by 2.2 years, and the life expectancy of American women decreased by more than 1.5 years.
From an economic perspective, the impact of the epidemic is more far-reaching. Not to mention the “time bomb” planted by Europe and the United States to stimulate the economy to exceed the delivery currency, employment alone has brought many problems. On the one hand, the continuous spread of the epidemic has reshaped the employment structure of European and American societies, and many employment gaps with low wages, hardship, long-distance commuting or high-frequency close contact with people have been unable to be filled; On the other hand, after a large number of people are cured of infection, their health status still cannot be restored, especially for the blue collar and low-income classes engaged in heavy physical labor. Some analysts believe that due to too many infections, the employment data in the United States is depressed, especially the recruitment of blue collar workers, which is highly related to the sequelae of the epidemic.
From a social perspective, the intensification of the epidemic not only has contradictions in American society, but also has caused new problems. The inaction and disorderly actions of some American politicians in the fight against the epidemic have exacerbated the chronic diseases existing in the United States, such as the racial gap, the gap between the rich and the poor, social differentiation and regional contradictions. Moreover, novel coronavirus pneumonia has been seen by more than 120 thousand American children in the October 7th issue of Pediatrics. Some experts believe that this will not only have a direct and long-term impact on children, but also bring new social problems. What’s worse, the epidemic is not over in the United States.
Novel coronavirus pneumonia is often advocated by some people in the United States, so long as there is no medical resource run and the mortality rate can be controlled within a certain range, the “big flu” mentality and standards can be used to cope with the new crown pneumonia epidemic. From the perspective of the devastating consequences caused by the sequelae of the epidemic, this view is too optimistic. The novel coronavirus pneumonia outbreak will not be able to stand up again.
Reprint indicated source：Shine Trader Limited Live information