Space Travel News  
TRADE WARS
US jobless claims rise again amid Delta, hurricane
by AFP Staff Writers
Washington (AFP) Sept 23, 2021

New applications for US unemployment benefits rose for the second straight week last week, according to government data Thursday, as the economy grapples with the Delta variant of Covid-19 that has made businesses skittish again.

Initial claims for jobless aid rose just 16,000 in the week ended September 18, to 351,000, seasonally adjusted, the Labor Department reported, which was above analysts' expectations.

After spiking into the millions as the pandemic began in March 2020, the closely watched metric of labor market health has been on a downward trend for most of this year, but the recent uptick takes it back to its level of about a month ago.

Rather than a sign of the Delta variant's disruptions, Ian Shepherdson of Pantheon Macroeconomic said last week's increase was more likely a consequence of seasonal adjustments in the data and the impact of Hurricane Ida which caused a backlog at state unemployment offices.

"The trend in claims likely will continues to fall, slowly, but the seasonals likely will prevent new lows until November," he wrote in an analysis.

The report also showed another 15,162 new claims, without seasonal adjustment, submitted under the Pandemic Unemployment Assistance (PUA) program, likely backlogged applications for the emergency aid for freelance workers, which expired two weeks ago.

All told, nearly 11.3 million people were receiving aid under all government programs as of the week ended September 4.

That was the last week when the PUA and the Pandemic Emergency Unemployment Compensation program for the long-term jobless were available. At the time there were 4.9 million and 3.6 million people on the programs, respectively.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Evergrande founder calls for construction, sales to resume
Beijing (AFP) Sept 23, 2021
The head of teetering Chinese developer Evergrande has urged staff to resume construction and sales to deliver properties, state media reported Thursday, as the firm battles to avoid a collapse that could send shockwaves through the world's number two economy. Furious homebuyers and investors around the country have gathered to demand repayment as the developer drowns in a sea of debt worth more than $300 billion, and struggles to meet its obligations. The comments came as the company was due to ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
TRADE WARS
Justin Simon Shepherds Perseverance through first phase of Martian rock sampling

Take a 3D Spin on Mars and track NASA's Perseverance Rover

NASA's Ingenuity Helicopter Captures a Mars Rock Feature in 3D

Flying On Mars is getting harder and harder

TRADE WARS
UK space company to establish link with the far side of the Moon

Path set for commercial communications around the Moon

Curtin research shines a light on Moon's oldest geologic imprints

NASA selects five US companies to mature Artemis Lander concepts

TRADE WARS
A few steps closer to Europa: spacecraft hardware makes headway

Juno joins Japan's Hisaki satellite and Keck Observatory to solve "energy crisis" on Jupiter

Hubble finds first evidence of water vapor on Ganymede

NASA Awards Launch Services Contract for the Europa Clipper Mission

TRADE WARS
Observations in stellar factory indicates start of planet production

How planets may be seeded with the chemicals necessary for life

Planets form in organic soups with different ingredients

Antennas searching for ET threatened by wildfire

TRADE WARS
SpaceX all-civilian orbital crew completes historic mission

SpaceX Inspiration4 mission sent 4 people with minimal training into orbit

Combined tests start for Ariane 6 at Europe's Spaceport

Inspiration4 civilian mission plans splashdown Saturday evening

TRADE WARS
Chinese astronauts return to Earth after 90-day mission

China prepares to launch Tianzhou-3 cargo spacecraft

Chinese astronauts return to earth after 90-day mission

Chinese astronauts complete three-month space mission

TRADE WARS
Modern snakes evolved from a few survivors of dino-killing asteroid

Dino-killing asteroid set the stage for evolution of modern snakes

ESO captures best images yet of peculiar "dog-bone" asteroid

Diamonds in the sky









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.