One Government Worker's Furlough Struggle: 'We Don't Know When It's Going to End'
*By Justin Chermol*
As the partial government shutdown spans its 18th day, furloughed federal workers like Sam Shirazi who have been placed on unpaid leave are struggling with both an immediate financial reality and a more amorphous sense of uncertainty.
"We don't know when it's going to end, and it doesn't seem like it's going to end anytime soon," Shirazi told Cheddar's J.D. Durkin on Tuesday. "That's creating frustration for everyone who works for the federal government."
About 420,000 federal employees deemed essential are working without pay while another 380,000 have been furloughed.
Beyond his paycheck, Shirazi's most pressing priority is to care for his daughter ー whose daily routine has been derailed by the shutdown. Her daycare is located in a federal building that has been temporarily shuttered, which presents a major challenge for Shirazi, who must keep her engaged and occupied all day.
"It's difficult because the Smithsonian is closed, the National Zoo is closed," he said of the federally-funded sources of amusement on which he might typically rely. "We have to figure out ways to keep her entertained."
"With small children you need a normal routine or otherwise things go a little haywire, so we're just trying to do our best," he added.
Although some of his peers are considering a shift to the private sector, Shirazi said he values his job with the federal government, but he is "concerned this will affect retention, and also hiring."
"I think people don't want to go into a situation that's so uncertain," he said.
Above all Shirazi said he simply wants to resume his life as a public servant without interruption.
"We want to work, we believe in public service, and we hope that this ends sooner rather than later so we can get back to work. I just hope that our leaders are able to resolve this."
As the U.S. continues to face supply chain shortages, President Joe Biden is reassuring U.S. consumers that the supply chain is in "very strong shape" ahead of the all-important holiday season. As supply bottlenecks start to show signs of improvement, the industry may be faced with yet another challenge: the Omicron variant. Rob Caucci, Co-Founder & Co-CEO of Fillogic joined Cheddar's Opening Bell to discuss.
Markets rebounded Monday morning after Friday's deep sell-off that saw the Dow suffer its worse day since 2020. It comes as investors continue to react to the impact of the omicron variant on the broader reopening. Eddie Ghabour, Co-Owner at the Key Advisors Group joined Cheddar's Opening Bell to discuss.
Markets bounced back this morning with travel leading the gains after plunging on Monday as the first case of Omicron was detected in the U.S. Jimmy Lee, CEO, Wealth Consulting Group joined Cheddar's Opening Bell to discuss.
The market saw investors react to comments by the World Health Organization's chief scientist, who suggested existing vaccines are likely to offer protection against the new variant. According to Thomas Hayes, chairman of Great Hill Capital, the next two weeks will be crucial as the markets watch for not only the effects of the Omicron variant, but also the Fed's decision on a taper.
It's Friday at long last. Jill and Carlo cover the latest on Omicron, including a possible superspreader event in NYC. Plus, previewing the November jobs report, a new Zoom feature no one asked for, and when it's no longer a good idea to eat Thanksgiving leftovers.
Following the Mississippi abortion case, the fate of Roe V. Wade is at stake. A decision is expected next summer, right around the time midterm candidates will be making their cases to voters. Laura Packard, executive director of Health Care Voter, joins Cheddar News to discuss how the ruling will impact upcoming elections.
Stock markets around the world continue to be impacted by fears of the new Omicron COVID-19 variant. President Biden today reiterated his stance that the new strain is cause for concern, but not cause for panic. Wells Fargo Investment Institute Global Equity Strategist Scott Wren joined Cheddar News' Closing Bell to discuss.
Jill and Carlo discuss what appears to be the beginning of the end of Roe v. Wade, another victim dies following the school shooting in Michigan, Omicron in the U.S., Trump's Covid chronology and more.
