Economy and TradingEnergy Policy

Federal Employee Jobless Claims Spike Amid Government Shutdown

Federal workforce unemployment claims have skyrocketed during the ongoing government shutdown, reaching levels not seen since the 2019 closure. Initial claims jumped to 7,244 last week, representing a massive increase from pre-shutdown levels. The shutdown has created significant financial uncertainty for government employees across multiple agencies.

Federal Workforce Faces Mounting Financial Pressure

Unemployment claims filed by federal workers have surged dramatically during the current government shutdown, reportedly reaching their highest level since the 34-day closure that ended in January 2019. According to reports, the ongoing political stalemate has created substantial financial uncertainty for hundreds of thousands of government employees who have been furloughed or are working without pay.