Mass firing of federal workers by Trump White House not showing up in jobless claims. Yet.

[progree]

MarketWatch, Thursday Feb 20
https://www.marketwatch.com/story/mass-firing-of-federal-workers-by-trump-white-house-not-showing-up-in-jobless-claims-yet-c22ee36a?mod=u.s.-economic-calendar

The number of people who applied for unemployment benefits last week stayed at very low levels, but total U.S. jobless claims are set to rise soon as thousands of federal workers fired by President Donald Trump seek compensation.

New jobless claims, a proxy for layoffs, rose by 5,000 to 219,000 in the seven days that ended Feb. 15, the government said.

Just 613 federal employees applied for benefits in the week ended Feb. 8, the latest report shows. Information on laid-off government workers is reported separately with one-week lag.

(snip) Some companies and nonprofit groups that lost federal funding have also had to cut staff. Their workers receive unemployment benefits through regular state programs.

More at link . . .

(emphasis added)