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Plus, we explain what the heck "flurona" is January 08, 2022 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( TOGETHER WITH [The Motley Fool]( Good morning. As the NFL regular season concludes this weekend, there’s a potentially ridiculous situation you should look out for on Sunday. The Las Vegas Raiders will play the LA Chargers that night, with both teams hoping to lock in a playoff spot. BUT, if the Jaguars beat the Colts and the Steelers beat the Ravens earlier in the day, then all the Raiders and Chargers would need to do is tie to get in. So they could conceivably kneel for every down during the game and the 0–0 draw would hand them both a playoff ticket. Both teams’ coaches said they’d play to win no matter the scenario, but it’s still quite the prisoner’s dilemma. What would you do? —Neal Freyman, Matty Merritt, and the birthday girl Jamie Wilde MARKETS Nasdaq 14,935.90 -0.96% S&P 4,677.03 -0.41% Dow 36,231.66 -0.01% 10-Year 1.767% +4.4 bps Bitcoin $41,757.47 -3.24% Netflix $541.06 -2.21% *Stock data as of market close, cryptocurrency data as of 5:00pm ET. [Here's what these numbers mean.]( - Markets: The S&P is off to its [worst start]( to a year since 2016, and the Nasdaq fell 4.5% this week—its worst drop since February 2021. The Fed’s hawkish pivot + rising bond yields are really pounding tech stocks. - Crypto: Bitcoin fell to its [lowest level]( since last September, and other cryptos like ethereum and solana are also in the doghouse. It appears as though the Fed’s move to raise borrowing costs and the turmoil in mining powerhouse Kazakhstan are dragging down prices. ECONOMY [The US Needs More Workers]( ["Still hiring" banner ](Dianna "Mick" McDougall The jobs reports from the past couple months are a lot like single-malt scotch: harsh at first, but after a few more sips you appreciate its complexity. Take December’s report, for example. The US economy [added 199,000 jobs]( last month, far below expectations of 422,000, marking the second straight month of lower-than-predicted job growth. But on the flip side, the unemployment rate declined more than expected, to 3.9% from 4.2% in November. Considering that unemployment hit 14.8% just 21 months ago, this recovery has been just as unprecedented as the times. Crazy fact: The unemployment rate in December was lower than it was during every month in the '70s, '80s, and '90s. So how to square slower job growth with minuscule unemployment? In the current environment, virtually everyone who wants to get a job can get one. The problem is, a large share of the potential workforce isn’t applying to jobs. Many would-be job candidates have retired early, are concerned about contracting Covid at work, or may be caring for children or other family members at home. - More than 2 million Americans have left the workforce completely during the pandemic. - And the labor force participation rate—the share of adults working or looking for work—didn’t budge and remains below pre-Covid levels. Of course, a historic worker shortage = raises for everyone who is working. Average hourly earnings gained a meaty 4.7% from the year before, which will likely add more fuel to the Fed’s plan to hike rates this year in a bid to tame inflation. Bottom line: Overall, it was a historic year for the labor market. The unemployment rate posted its sharpest 1-year drop in history. And the US added [6.4 million jobs]( in 2021, a higher total than any year on record. That, however, comes after a year in which the US lost more jobs than ever before.—NF �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=The%20US%20Needs%20More%20Workers%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F01%2F07%2Fmixed-december-jobs-report-highlights-the-us-worker-shortage%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%26mid%3D{{md5%28profile.email%29}}%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%2C%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3D4904f90a%26utm_source%3Demail_share%0A HEALTH [Flurona: Who Is She?]( [Two viruses on a scale](Francis Scialabba Getting coronavirus and influenza at the same time received a lot of attention this week, partly because “flurona” is so fun to say. But it's worth a closer look, because as this year’s flu season starts to pick up, the twin viruses could put extra pressure on health care systems. The backstory: An Israeli outlet coined the term “flurona” five days ago, when it reported the country’s first case of simultaneous Covid/influenza infections. More reports of flurona have sprung up around the world since, but [you should know]( that it’s: - Not new. Hospitals have been treating patients who caught both viruses at the same time for a while now. - Not a “super-virus” that’s more dangerous. The viruses didn’t combine like Jeff Goldblum and that poor fly; they are just both infecting people right now, sometimes at the same time. However, there’s still cause for concern if the seasonal flu comes back off the bench this winter. With everyone inside making banana bread last year, that virus all but disappeared: The CDC reported just 2,038 cases from Sept. 2020–April 2021, compared to 38 million the year prior. A normalized 2021–2022 flu season combined with Covid-19 could [burden]( hospitals that are already short on ICU beds.—JW �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Flurona%3A%20Who%20Is%20She%3F%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2Fflurona-flu-coronavirus%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%26mid%3D{{md5%28profile.email%29}}%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%2C%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3D4904f90a%26utm_source%3Demail_share%0A ENTERTAINMENT [Remembering Sidney Poitier]( [Sidney Poitier on set](Michael Ochs Archives/Getty Images Sidney Poitier, the first Black actor to win the Academy Award for Best Actor, [died]( yesterday at 94. He has long been celebrated as Hollywood’s first Black movie star who opened the doors for countless Black actors after him. - Poitier once wrote, “I felt very much as if I were representing 15, 18 million people with every move I made.” The actor, director, producer, and even Disney board member (from 1995 to 2003) was born in Miami and raised in the Bahamas. After dropping out of school at 12, he found himself flubbing an audition for Harlem’s American Negro Theater in 1945. The next year, though, he turned it around and made his stage debut with the company, and went on to appear in 40+ movies over his career. In 1967, Poitier appeared in three of Hollywood’s top-grossing films. Zoom out: Oprah, Denzel Washington, Robert Redford, and former President Barack Obama—who presented Poitier with the Presidential Medal of Freedom in 2009 for his “relentless devotion to breaking down barriers”—were among the celebs who [shared messages]( about Poitier’s impact on combating racial bias and his immense talent.—MM �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Remembering%20Sidney%20Poitier%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2Fsidney-poitier-died-94%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%26mid%3D{{md5%28profile.email%29}}%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%2C%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3D4904f90a%26utm_source%3Demail_share%0A TOGETHER WITH THE MOTLEY FOOL [One Click to Double Down](#) [The Motley Fool]( That’s all it takes to get access to [The Motley Fool](’s newest [Double Down stocks](. That means, if you take your little finger—could be your pointer, index, even your thumb if you’re feeling spicy—and [click right here](, you could see three new Double Down picks from The Motley Fool. But what is a Double Down stock pick? It’s a second chance for investors to buy a stock if they missed it the first time around, and another chance to buy again for those who heeded TMF’s advice the first time around! Past picks in this illustrious group include Netflix, Apple, and a little company called Amazon. And now TMF has identified a new bunch that could potentially make 2022 a very lucrative year for investors. All you need to do is [click right here]( to join Motley Fool Stock Advisor to see these new Double Down Picks. Need one more reason to click? Stock Advisor members see an average return of 637% as of 1/3/2022. [Give it one click right here](. GRAB BAG [Key Performance Indicators]( [Tim Cook waving and saying thank you ](Giphy Stat: Apple CEO Tim Cook’s [compensation]( for 2021 amounted to nearly $100 million, thanks to stock awards and bonuses from the company crushing its financial targets. Cook’s haul was 1,447 times the median employee’s pay at Apple. Quote: “Idiots” Canadians are known for being polite. But Prime Minister Justin Trudeau dispensed with the niceties after videos showed a group of Canadian social media influencers and reality TV stars [flouting Covid rules]( and partying on a plane from Quebec to Cancun on Dec. 30. Sunwing, the charter airline that brought the carousers to Mexico, wouldn't allow them to board a return flight, and Air Canada also said it wouldn’t fly them home. Read: How Jessica Simpson almost lost her name. ([Bloomberg Businessweek]() �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Key%20Performance%20Indicators%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F01%2F07%2Fkey-performance-indicators-january-7%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%26mid%3D{{md5%28profile.email%29}}%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%2C%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3D4904f90a%26utm_source%3Demail_share%0A CARTOON [Saturday Sketch]( [A bullfrog's resolutions](Max Knoblauch �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Saturday%20Sketch%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F01%2F07%2Fsaturday-sketch-the-american-bullfrog-s-new-year-s-resolutions%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%26mid%3D{{md5%28profile.email%29}}%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%2C%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3D4904f90a%26utm_source%3Demail_share%0A WHAT ELSE IS BREWING - [Three men]( who were convicted of killing Ahmaud Arbery in 2020 were sentenced to life in prison, two without parole. - [The Supreme Court’s]( conservative justices appeared skeptical of Biden’s vax-or-test mandate for large employers. - [Citigroup]( reminded employees that they need to be fully vaccinated by the end of the month or they should find work somewhere else. - [Yeezy Gap]( is partnering with Balenciaga in a new design collab. - [Another one](: John Legend sold his song catalog, but at a much younger age than his fellow artists who have done the same. BREW'S BETS Active to the kore. It’s 2022, and you’re ready to make moves. The Vuori Kore Shorts are designed for any sport, making 'em the most versatile and comfortable athletic lined shorts around. [Get 20% off your first order here](.* K.I.S.S. It stands for, “Keep It Secure, Simply.” And the best way to do that is with SimpliSafe. Installation takes just 30 minutes, so you can be protected from break-ins, floods, fires, and more right away. [Get secure, simply, here](.* The Brew, for your ears: Business Casual talks to the smartest folks in biz to help you make 2022 the best year yet. Some choice epis: 1) The [best BC conversations]( from 2021 2) is [texting with a bot]( the future of retail? and 3) maybe [rethink that gift card]( when looking for a present. Weekend conversation starters: - If Airbnb could launch anything in 2022, [what should it be](? (The CEO wants to know.) - Why it’s important to write a [letter to yourself]( for the new year. - [Peanut butter]( on a bacon burger—yay or nay? - So…[jetpacks]( are a thing? - How [uncommon is your password](? *This is sponsored advertising content GAMES [Brew Crossword](#) [Brew Crossword promo image]( How’s this for a little crossword innovation? Today we bring you…for the first time ever…audio clues. [Try it out here](. SHARE THE BREW We think you should [share the Brew.]( Not only is it a smart thing to do for your friends, it’s also the smartest way to get showered in free Brew swag. Your referral count: 0 [Click to Share]( Or copy & paste your referral link to others: [morningbrew.com/daily/r/?kid=4904f90a]( � � � � � Written by [Neal Freyman](, [Matty Merritt](, and [Jamie Wilde]( Was this email forwarded to you? Sign up [here](. WANT MORE BREW? 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