About: http://data.cimple.eu/news-article/7ab9bfaa9a4cc017c2456a79db0ade7f1bd4bc3e61d8a082f37f199d

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/7ab9bfaa9a4cc017c2456a79db0ade7f1bd4bc3e61d8a082f37f199d Goto Sponge NotDistinct Permalink

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

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	New jobless claim filings in the United States fell to 837,000 last week seasonally adjusted, the Labor Department said Thursday, resuming their downward trajectory after increasing slightly earlier in the month. Initial claims fell by 36,000 over the previous week's level, however the number of people filing under Pandemic Unemployment Assistance (PUA) program for workers who aren't normally eligible rose by more than 34,000 to 650,120. The data is also complicated by most-populous state California's decision to pause processing claims for the two weeks to October 3 to address a backlog, meaning the level it reported Thursday was the same as the previous week and will be revised later. The drop in initial claims was better than forecast but remains well above the single worst week reported during the 2008-2010 global financial crisis more than six months after business shutdowns to stop the spread of Covid-19 began in the US. "Filings are stuck at a high level," Rubeela Farooqi of High Frequency Economics said, adding that the pause in California reporting introduces "volatility" into the data. "Layoff announcements are also ongoing. Even as jobs are being recovered, job losses are mounting, indicative of continuing strains in the labor market." The insured unemployment rate dropped 0.6 points to 8.1 percent in the week ended September 19, the latest for which data was available. More than 26.5 million people were receiving benefits in all programs as of September 12, the data said, an increase of nearly 485,000 from the week prior though the data isn't seasonally adjusted. The four-week moving average of new claims is decreasing by less than 12,000 per-week, which Ian Shepherdson of Pantheon Macroeconomics said means they are set to reach 665,000 -- the level of the worst single week of the global financial crisis -- in January. "The labor market clearly is still in turmoil," he said. cs/dw
schema:headline	New US jobless claims fall to 837,000: government
schema:mentions	Variance Layoff Jobless claims Deutsche Welle Great Recession Realis mood Australian Labor Party California United States Coronavirus disease 2019 Moving average Worst Week The Drop (film) High Frequency Economics Farooqi Ian Shepherdson Pantheon Macroeconomics
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

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