About: http://data.cimple.eu/news-article/760978b057986bb5672f41dfca1600afbbfc0b8981cf98c5d5f564f3

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About: http://data.cimple.eu/news-article/760978b057986bb5672f41dfca1600afbbfc0b8981cf98c5d5f564f3 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	The US unemployment rate dropped to 6.3 percent in January but the economy added only 49,000 jobs as the coronavirus pandemic continued to hamper business, the Labor Department said on Friday. The January increase came after the world's largest economy saw a contraction in hiring in December, but the government noted that continued job losses in sectors like leisure and hospitality, retail trade, health care and transportation undermined the gains. The decrease in the unemployment rate -- it stood at 6.7 percent in December -- continued a recovery that began after it spiked to 14.7 percent last April after businesses shut down to stop Covid-19 from spreading. It has declined in the months since then, but the January data includes disquieting evidence of continued high unemployment, and the Labor Department said the workforce is overall 6.5 percent smaller, or 9.9 million positions, below where it was in February before the pandemic. William Spriggs, chief economist of the AFL-CIO trade union federation, pointed to the slight increase in the number of people who are long-term unemployed to just over four million, or 39.5 percent of all unemployed people. "These show it will be very hard to get the unemployment number down. We need help now to slow that growth," he tweeted. Congress has passed trillions of dollars in stimulus spending since the pandemic struck to keep the world's largest economy afloat and expand its unemployment safety net, and President Joe Biden has proposed another $1.9 trillion measure. cs/dw
schema:headline	US unemployment rate drops to 6.3% in January from 6.7%: govt
schema:mentions	AFL–CIO Deutsche Welle Australian Labor Party United States Congress Pandemic Joe Biden Severe acute respiratory syndrome coronavirus 2 President of the United States Coronavirus disease 2019 William Spriggs National trade union center Economy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	61 (xsd:integer)

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