US EditionUS weekly jobless claims increased amid government shutdown, economists estimate
Furloughed federal workers in Georgia filed 272 unemployment claims amid ongoing shutdown affecting 110,900 potential workers, officials said.
- The shutdown is in its ninth day, and the Georgia Department of Labor reported 272 claims linked to it while Savannah Mayor Van Johnson said, `We have to get them to lock themselves in a room and communicate`.
- Democrats voted against a Republican plan on Wednesday, with Senators Raphael Warnock and Jon Ossoff withholding support until Affordable Care Act subsidies are extended.
- Initial claims data show initial state unemployment claims rose to 235,000 for the week ending October 4 from 224,000, and JPMorgan warned filings could increase next week with the shutdown.
- Immediate risks include furloughed employees reimbursing unemployment benefits if they receive back pay, and U.S. Rep. Beth Van Duyne, R-Texas, warning roughly 1.3 million active military members could miss pay by Oct. 15.
- The shutdown has delayed release of the September employment report, while continuing claims proxy rose to 1.927 million during the week ending September 27 from 1.919 million.
11 Articles
11 Articles
The spokesman-Review
The Daily GazetteUS initial jobless claims rise to 235,000 in Goldman analysis
Applications for U.S. unemployment benefits rose last week, according to a Goldman Sachs Group Inc. analysis of state-level filings released during the federal government shutdown.
US weekly jobless claims increased amid government shutdown, economists estimate
The number of Americans filing new applications for unemployment benefits increased again last week, economists estimated on Thursday, hinting at some early layoffs of contractors related to the U.S. government shutdown.
Economists look to alternative gauges during shutdown
Alternative gauges are helping to shed light on the precarious position of the economy with the publication of official data frozen by the government shutdown. Economic data on inflation and especially the labor market are in high demand by the Federal Reserve and economists. With official data unavailable, private firms and companies are looking to... The post Economists look to alternative gauges during shutdown appeared first on Daily Truth R…
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
