日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Americas

Virus surge linked to rise in joblessness in US

By SCOTT REEVES in New York | China Daily Global | Updated: 2020-07-23 23:51
Share
Share - WeChat

Initial US jobless claims rose for the first time in about four months as some states delayed or reversed reopening the economy amid an increase in the number of new coronavirus infections, the US Labor Department reported Thursday.

First-time jobless claims increased 109,000 for the week ended July 18 from the previous week to 1.416 million – the 18th consecutive week the total has been above 1 million. Economists surveyed by Dow Jones expected 1.3 million initial unemployment claims to be filed.

"After a dire start to the second quarter in April, the global economy has since staged a robust rebound as lockdown restrictions in many regions have been eased," Oxford Economics, a global forecasting company based in England, said in a research report.

"Despite a strong initial bounce, high unemployment and surging corporate debt will limit the scale of the revival in (the second half of 2020) and beyond. The renewed rise in COVID-19 cases in parts of the world shows that considerable downside risks remain."

The number of confirmed coronavirus cases in the US is approaching 4 million, and about 140,000 people have died after being infected, Johns Hopkins University reported.

The seasonally adjusted unemployment rate was 11.1 percent for the week ended July 11, a 0.7 percentage-point decline from the previous week's revised rate.

In the last few weeks, the number of initial jobless claims has hovered around 1.3 million a week after declining steadily from the peak of 6.9 million claims filed in late March.

The current number of initial jobless claims is well above the previous record high of 695,000 set in 1982.

Continuing claims, or those of people receiving benefits for at least two consecutive weeks, declined by 1.107 million to 16.197 million for the week ended July 11, the Labor Department said.

The extra $600-a-week benefit expires at the end of July, and Congress is debating another coronavirus aid package.

Democrats argue that the money is needed to help people meet routine living expenses, but Republicans counter that the enhanced benefit may be a disincentive for some to return to work and therefore could slow the recovery.

In an interview with CNBC, Treasury Secretary Steven Mnuchin said the Republican proposal would extend the enhanced unemployment benefit "based on approximately 70 percent wage replacement".

But it's not clear how the Republican plan would be structured. Congress included the $600 a week in the aid package passed in March because it didn't appear all state computer systems could accurately calculate a percentage increase for individual claimants.

Mnuchin also said that US President Donald Trump's proposal to temporarily suspend payroll taxes won't be included in the Republican bill.

In an interview with CNBC, House Majority Leader Steny Hoyer, a Democrat from Maryland, said replacing 70 percent of lost wages isn't "the policy we ought to pursue".

He said any cuts "ought to be over time" but noted the Republican proposal is "not a deal-breaker".

Republicans believe the next coronavirus relief package should total about $1 trillion. But House Speaker Nancy Pelosi, a Democrat from California, believes that is not enough to meet economic problems caused by the pandemic.

The economy may continue to weaken.

On Thursday, Southwest Airlines reported a $915 million second-quarter loss compared with a $741 million profit for the same period a year ago.

Revenue plunged about 83 percent to just over $1 billion from $5.9 billion a year ago.

Demand for air travel has weakened in the last few weeks after ticket sales had begun to recover this spring.

In response, the airline said it may reduce third-quarter capacity 20 to 30 percent compared with last year.

"We were encouraged by improvement in May and June leisure passenger traffic trends, compared with March and April," Gary Kelly, Southwest's CEO, said in a statement.

"However, the improving trends in revenue and bookings have recently stalled in July with the rise of COVID-19 cases. We expect air travel demand to remain depressed until a vaccine or therapeutics are available."

AMC Entertainment Holdings, the largest US movie theater chain, said it has set aside plans to reopen this month and now hopes to begin showing movies in August.

The company said it had reached an agreement earlier this month to keep the company solvent through 2021.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 色婷婷一区二区三区四区 | 一级黄色a级片 | 中国女人一级一次看片 | 欧美 日韩 视频 | 美女国产网站 | 91亚洲视频在线观看 | 91视频看看 | 久草黄色| 粉嫩av性色av蜜臀av网站 | 国产精品12 | 国产黄色视 | 婷婷色亚洲 | 久操色| 深夜福利在线视频 | 国产啊v在线观看 | 毛片在线免费播放 | 性xxxx丰满孕妇xxxx另类 | 蜜臀av性久久久久蜜臀aⅴ四虎 | 久操热| 一本加勒比北条麻妃 | 99在线免费观看视频 | 欧美人成在线 | 亚洲成人激情在线 | 欧美一卡二卡 | 黄色一级视频网站 | 久久久久久免费 | 亚洲一区二区三区在线 | 黄色污网站在线观看 | 99久久99久久精品国产片果冻 | 国产免费一区二区三区在线观看 | 日韩福利在线 | 一级黄色免费 | 国产精品私拍 | 欧美综合久久 | 国产97在线视频 | www.com.av| 日韩精品一区二区三区丰满 | 91尤物国产福利在线观看 | 日韩欧美激情 | 午夜不卡av免费 | 国产a级免费视频 |