About: http://data.cimple.eu/news-article/6eb4ccb55cd2be79b6478a1de9d190c75c23868f4408cb2355d2c5cb     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • New filings for weekly unemployment benefits hit a new pandemic low in the United States last week, government data showed on Thursday, bolstering the case that Covid-19 vaccines are allowing businesses to rehire. The Labor Department reported 473,000 new seasonally adjusted claims for jobless benefits made in the week ended May 8, fewer than expected and 34,000 less than the previous week's upwardly revised level. Another 103,571 people, not seasonally adjusted, made claims under a special program for freelance workers ineligible for regular aid, about 2,000 more than the week prior. The figures marked a sharp reversal from the situation a year ago, when millions of jobless claims were filed each week after Covid-19 caused businesses to close or curtail operations and lay off workers. Claims hovered in the high hundreds-of-thousands range for months, but the start of vaccination campaigns has caused a sustained fall in new applications in recent weeks. And Rubeela Farooqi of High Frequency Economics said the latest data confirmed that the labor market was healing. "The reopening is continuing, and businesses are less constrained by restrictions. We expect layoffs to ease further as the economy moves closer towards normal capacity," she said. As of the week ended May 1, the insured unemployment rate indicating people receiving regular benefits was 2.6 percent, essentially flat from the week prior, with nearly 3.7 million people approved for aid. However, in a reminder of the toll taken by the pandemic layoffs, the data showed nearly 16.9 million people receiving benefits under all aid programs as of the week ended April 24. cs/dw
schema:headline
  • New US unemployment claims continue downward slide
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software