About: http://data.cimple.eu/news-article/985034e35222d6287000ddfb0a6b6a08abd027b1245de68fc5fe0588

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About: http://data.cimple.eu/news-article/985034e35222d6287000ddfb0a6b6a08abd027b1245de68fc5fe0588 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Job losses from the coronavirus pandemic deepened last week with data Thursday showing another 4.4 million US workers filed new claims for jobless benefits, bringing the total to 26.4 million since mid-March. The total for the week ending April 18 is a drop from the initial claims filed in the previous three weeks, but remains at staggeringly high levels due to government-ordered shutdowns to stop the pandemic from spreading and intensifying. The outbreak in the US has grown into the world's largest, with deaths reaching 46,583 on Wednesday, according to a tally by Johns Hopkins University. Meanwhile, lawmakers in the US House of Representatives were set to vote on a $480 billion coronavirus relief package that builds upon a massive $2.2 trillion CARES act passed in late March. The new package would provide another $320 billion for small businesses to keep their doors open and pay their workers, after the initial $349 billion in the Paycheck Protection Program was drained in just two weeks. The claims figures for last week show that the layoffs continued for a fifth week, despite the help from Congress. Ian Shepherdson of Pantheon Macroeconomics noted the decline but said it is not falling as quickly as he had hoped. He called the total "horrendous." "We anticipate a further decline in claims next week, but the rate of fall of Google searches for 'file for unemployment' has slowed, suggesting it will take several more weeks before claims drop below one million," Shepherdson said. cs/hs
schema:headline	Weekly US jobless claims 4.4 mn, virus total hits 26.4 mn
schema:mentions	Jobless claims Ebola virus disease Google United States Congress Pandemic Coronavirus Johns Hopkins Ian Shepherdson Pantheon Macroeconomics
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	64 (xsd:integer)

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