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Claims were boosted in the week ending Dec. 29 as workers furloughed because of a partial shutdown of the U.S. government applied for benefits. The federal government partially closed on Dec. 22 as President Donald Trump demanded that the U.S. Congress give him $5.7 billion this year to help build a wall on the U.S. border with Mexico. The shutdown, which has affected a quarter of the government, including the Commerce Department, has left 800,000 employees furloughed or working without pay sterling silver cufflinks macy’s. Private contractors working for many government agencies are also not getting paid..
Claims by federal workers are reported separately and with a one-week lag sterling silver cufflinks macy’s. The number of federal employees filing for jobless benefits increased by 3,831 to 4,760 in the week ending Dec. 29. Furloughed federal government workers can submit claims for unemployment benefits, but payment would depend on whether Congress decides to pay their salaries retroactively. With no sign that the stalemate over the border wall will end anytime soon, economists expect more federal government employees will file claims for unemployment benefits. Federal workers were scheduled to be paid on Friday for the Dec. 23 to Jan. 5 period..
“The 800,000 workers currently furloughed will obviously get nothing,” said Omair Sharif, a senior economist at Societe Generale in New York. “So as it became clear during the week that there was no end to the shutdown, it wouldn’t be surprising if a number of them filed a claim this week.”. There was a surge in claims filed by federal government employees during the shutdown in October 2013 sterling silver cufflinks macy’s. Thursday’s claims report also showed the number of people receiving benefits after an initial week of aid fell 28,000 to 1.72 million for the week ended Dec. 29..
NEW DELHI (Reuters) – India’s steel ministry is putting pressure on automakers to use locally made steel by refusing to back down on tougher import rules despite warnings that the new regulations could disrupt the production of cars, government and industry sources said. The steel ministry in August announced stringent import rules for some high-grade steel products that are sourced by carmakers from countries such as Japan and South Korea but not yet manufactured in India. India’s auto industry, which includes companies such as Maruti Suzuki (MRTI.NS), Hyundai Motor Co (005380.KS), Honda Motor Co (7267.T) and Ford Motor Co (F.N), is staring at production stoppages if new tougher rules on steel imports are not relaxed, a federal minister warned in a letter sterling silver cufflinks macy’s.
“The shipments of the auto component industry have started getting impacted which possess significant risk of production stoppage of the whole automobile industry in the immediate future,” Anant Geete, heavy industries minister, said in the Jan sterling silver cufflinks macy’s. 4 letter to steel minister, Chaudhary Birender Singh. “There is also a risk that if the import of steel (raw material) is restricted, then the industry may go for import of the components itself which may affect the government initiative of ‘Make in India’,” Geete said..