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rdf:type	schema:NewsArticle
schema:articleBody	The United States saw 881,000 new jobless filings in the week ended August 29, the Labor Department said Thursday, the second time the metric has dropped below one million since the start of the coronavirus pandemic. The seasonally adjusted data was better than expected, and also saw the insured unemployment rate drop 0.8 points to 9.1 percent in the week ended August 22. But the Labor Department also reported an additional 759,482 people, not seasonally adjusted, made new claims last week under a special program for professions not normally eligible for benefits, an increase of 151,674 from the week prior. Unemployment filings surged in March as businesses shut down to stop the transmission of Covid-19, and have declined since reaching that peak. The latest data inched the indicator closer to where it was prior to the pandemic, but it still remained well above any single week of the 2008-2010 global financial crisis. A total of 29.2 million people were receiving benefits in the week ended August 15, the latest for which data was available. However Nancy Vanden Houten of Oxford Economics said the decrease in the latest data was due to a change in how the Labor Department calculates its seasonal adjustment, and non-seasonally adjusted claims actually increased last week. "The data show that layoffs remain widespread and the recovery in the labor market is occurring at a frustratingly slow pace," she wrote in an analysis. cs/st
schema:headline	New US jobless claims drop more than expected to 881,000
schema:mentions	Jobless claims AS Nancy Great Recession Metric system Australian Labor Party University of Oxford Pandemic United States Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Seasonal adjustment
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-03 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	79 (xsd:integer)

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