At least 25,000 federal employees now consider themselves unemployed
Applications for unemployment benefits have jumped to their lowest level in nearly half a century, but only because those numbers don't include unpaid government workers.
More than 25,000 federal employees sought unemployment benefits in the week before Jan. 12, the Department of Labor reported Thursday. That's more than double the 10,500 who filed for unemployment the week earlier — and it could be far higher by now, Politico points out.
The data comes amid a historic lull in unemployment, The Associated Press notes. A seasonally adjusted 199,000 people applied for unemployment aid the week of Jan. 12, the lowest total since November 1969. That number signifies that the economy seems to be holding strong amid a historically long government shutdown. But, as AP notes, that 199,000 total doesn't include federal workers currently furloughed and going unpaid. And as for those 25,000 federal workers, well, that number is two weeks old and has likely ticked up since then, Politico says.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
An estimated 800,000 workers have gone unpaid for five weeks under the shutdown, though employees have been promised back pay once it ends. In the meantime, workers have been told to sell their belongings and barter to buy food and pay rent and, when that doesn't work out, been forced to rely on food banks or homeless shelters.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Political cartoons for October 25Cartoons Saturday’s political cartoons include hospital bill trauma, Independence Day, and more
-
Roasted squash and apple soup recipeThe Week Recommends Autumnal soup is full of warming and hearty flavours
-
Ukraine: Donald Trump pivots againIn the Spotlight US president apparently warned Volodymyr Zelenskyy to accept Vladimir Putin’s terms or face destruction during fractious face-to-face
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
