Biden Sets EV Goal For 2030 // Where Have All The Workers Gone? // Weekly Jobless Claims at 385K - 8/5 (Hour 1)

(1:36) - President Biden has set a goal for electronic vehicles to make up half of all auto sales in the U.S. in 2030. What needs to be done in the next decade to have EV's make up a significant portion of auto sales? Is this a realistic goal?(14:23) - The labor force participation rate is the lowest it's been in over four decades, and companies are scrambling to find workers. The guys discuss whether or not the participation rate will return to pre-pandemic levels, and what the driving force is behind this trend.(24:32) - Weekly jobless claims came in at 385K, which is the exact number that analyst expected. What is keeping jobless claims so high, and when could we expect to see them get back below 300K?(36:39) - Gig companies such as Uber and Lyft want Massachusetts voters to vote against gig workers gaining full employee status on next year's ballot question. Rather, the gig companies want there to be a third way for people to be compensated.