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.
Subscribe to 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.
Sign up for Today's Best Articles in your inbox
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.
-
5 sunny-side up cartoons about egg prices
Cartoons Artists take on inflated prices, double standards, and more
By The Week US Published
-
'Swimming in the sky' in northern Brazil
The Week Recommends The pools of Lençóis Maranhenses are clear and blue
By The Week UK Published
-
An ailing Pope Francis – and the vultures circling in the Vatican
Talking Point Caught between his progressive inner circle and an influx of conservatism, the Holy Father should 'brace' himself for a battle
By The Week UK Published
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US Published
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US Published
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published
-
Rupert Murdoch loses 'Succession' court battle
Speed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
By Peter Weber, The Week US Published
-
Bitcoin surges above $100k in post-election rally
Speed Read Investors are betting that the incoming Trump administration will embrace crypto
By Peter Weber, The Week US Published
-
Enron mystery: 'sick joke' or serious revival?
Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
By Peter Weber, The Week US Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published