Logical Analysis Report
Key Focus
- Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.
Hospitality labor union projects 90% of members could lose jobs over coronavirus
Current and former government officials participate in the Center for Health Security's "Clade
From the publicly available data that has already been made available, ABC News can report that at least 375,870 unemployment claims have been filed across several states since Monday, up significantly from last week.s countrywide 281,000 claims reported by the Labor Department.
Other indicators in other states are also pointing to a significant spike in jobless claims.
On Tuesday, both New York and New Jersey.s unemployment application websites crashed due to the sheer traffic volume - At this time of year, the department usually only processes 500 new applications per day, according to a department spokesperson.
Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York.
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High Level Topics
UNEMPLOYMENTLABORCORONAVIRUSMARKETSHigh Level Abstractions
UNEMPLOYMENT(7, 0 Order)( UNEMPLOYMENT )(7, 0 Order) top( UNEMPLOYMENT, LABOR )(6, 1st Order) top( UNEMPLOYMENT, LABOR, CORONAVIRUS )(3, 2nd Order) top( UNEMPLOYMENT, LABOR, ABC_NEWS )(3, 2nd Order) top( UNEMPLOYMENT, LABOR, JOBLESS )(2, 2nd Order) top( UNEMPLOYMENT, LABOR, WORKERS )(2, 2nd Order) top( UNEMPLOYMENT, LABOR, VOLUME )(2, 2nd Order) top( UNEMPLOYMENT, LABOR, UNITED_STATES_DEPARTMENT )(1, 2nd Order) top( UNEMPLOYMENT, LABOR, NEW_YORK )(2, 2nd Order) top( UNEMPLOYMENT, LABOR, MARKETS )(1, 2nd Order) top( UNEMPLOYMENT, LABOR, LABOR_DEPARTMENT )(2, 2nd Order) top( UNEMPLOYMENT, LABOR, EMPLOYMENT )(2, 2nd Order) top( UNEMPLOYMENT, LABOR, ECONOMY )(2, 2nd Order) top( UNEMPLOYMENT, MARKETS )(3, 1st Order) top( UNEMPLOYMENT, CORONAVIRUS )(3, 1st Order) top( UNEMPLOYMENT, ABC_NEWS )(3, 1st Order) top( UNEMPLOYMENT, JOBLESS )(2, 1st Order) top( UNEMPLOYMENT, WORKERS )(2, 1st Order) top( UNEMPLOYMENT, VOLUME )(2, 1st Order) top( UNEMPLOYMENT, UNITED_STATES_DEPARTMENT )(1, 1st Order) top( UNEMPLOYMENT, NEW_YORK )(2, 1st Order) top( UNEMPLOYMENT, LABOR_DEPARTMENT )(2, 1st Order) top( UNEMPLOYMENT, EMPLOYMENT )(2, 1st Order) top( UNEMPLOYMENT, EMBARGOED )(2, 1st Order) topLABOR(6, 0 Order)( LABOR )(6, 0 Order) top( LABOR, CORONAVIRUS )(3, 1st Order) top( LABOR, ABC_NEWS )(3, 1st Order) top( LABOR, JOBLESS )(2, 1st Order) top( LABOR, WORKERS )(2, 1st Order) top( LABOR, VOLUME )(2, 1st Order) top( LABOR, UNITED_STATES_DEPARTMENT )(1, 1st Order) top( LABOR, NEW_YORK )(2, 1st Order) top( LABOR, MARKETS )(1, 1st Order) top( LABOR, LABOR_DEPARTMENT )(2, 1st Order) top( LABOR, EMPLOYMENT )(2, 1st Order) top( LABOR, EMBARGO )(1, 1st Order) topCORONAVIRUS(3, 0 Order)( CORONAVIRUS )(3, 0 Order) topMARKETS(4, 0 Order)( MARKETS )(4, 0 Order) topReferences- ( UNEMPLOYMENT ) top
- ( UNEMPLOYMENT, LABOR ) top
- ( UNEMPLOYMENT, LABOR, CORONAVIRUS ) top
- (Read more) top
Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. - (Read more) top Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.
Hospitality labor union projects 90% of members could lose jobs over coronavirus
Current and former government officials participate in the Center for Health Security's... - ( UNEMPLOYMENT, LABOR, ABC_NEWS ) top
- (Read more) top Departments in California and other states told ABC News they have not been advised of any embargo by the Department of Labor, while departments in other states had already released their numbers when the email from the Department of Labor arrived.
As... - (Read more) top
From the publicly available data that has already been made available, ABC News can report that at least 375,870 unemployment claims have been filed across several states since Monday, up significantly from last week.s countrywide 281,000 claims reported by the Labor Department.
Other... - (Read more) top.s guidelines for releasing unemployment figures, but a DEO spokesperson told ABC News the department is "seeing historic increases" in applications.
"Our call volume Monday through Wednesday was more than 76,000 calls," said Tiffany Vause, director of Communications... - ( UNEMPLOYMENT, LABOR, JOBLESS ) top
- (Read more) top Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.
Hospitality labor union projects 90% of members could lose jobs over coronavirus
Current and former government... - ( UNEMPLOYMENT, LABOR, WORKERS ) top
- (Read more) top Fearing market impact, Trump administration asks states to postpone unemployment data
Pennsylvania's Department of Labor and Industry announced on Monday unemployment application waivers for workers impacted by COVID-19. - (Read more) top
The Nevada Department of Employment, Training and Rehabilitation has yet to release its numbers, but on Wednesday, a leading labor union for hospitality workers said it expects 80% to 90% of its 300,000 members to be out of work due to the outbreak.
"While I understand the intent of the government might be to calm markets -- I don't think markets... - ( UNEMPLOYMENT, LABOR, VOLUME ) top
- (Read more) top.s unemployment application websites crashed due to the sheer traffic volume.
- (Read more) top
"Our call volume Monday through Wednesday was more than 76,000 calls," said Tiffany Vause, director of Communications and External Affairs for the DEO, "and last week we had just shy of 28,000 calls for the entire... - ( UNEMPLOYMENT, LABOR, UNITED_STATES_DEPARTMENT ) top
- (Read more) top
"The number of unemployment applications are now embargoed by the United States Department of Labor," DLI Secretary Gerard "Jerry" Oleksiak told reporters.
MORE: Dow loses 1/3 of value in a month as another brutal trading week ends
The United States Department of Labor... - ( UNEMPLOYMENT, LABOR, NEW_YORK ) top
- (Read more) top
Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. - (Read more) top
On Tuesday, both New York and New Jersey.s unemployment application websites crashed due to the sheer traffic volume - ( UNEMPLOYMENT, LABOR, MARKETS ) top
- (Read more) top
"While I understand the intent of the government might be to calm markets -- I don't think markets will be fooled by any possible attempt to control the release of the data," Bovino told ABC News - ( UNEMPLOYMENT, LABOR, LABOR_DEPARTMENT ) top
- (Read more) top ... available, ABC News can report that at least 375,870 unemployment claims have been filed across several states since Monday, up significantly from last week.s countrywide 281,000 claims reported by the Labor Department.
Other indicators in other states are also pointing to a significant spike in jobless claims.
On Tuesday, both New York and New Jersey.s unemployment application websites crashed due to the sheer traffic... - (Read more) top
The Florida Department of Economic Opportunity will be following the Labor Department.s guidelines for releasing unemployment figures, but a DEO spokesperson told ABC News the department is "seeing historic increases" in applications.
"Our call volume Monday through Wednesday... - ( UNEMPLOYMENT, LABOR, EMPLOYMENT ) top
- (Read more) top
As of Thursday afternoon, for example, 72,245 Minnesotans applied for unemployment, according to the Minnesota Department of Employment and Economic Development. - (Read more) top
The Nevada Department of Employment, Training and Rehabilitation has yet to release its numbers, but on Wednesday, a leading labor union for hospitality workers said it expects 80% to 90% of its 300,000 members to be out of work due to the outbreak.
"While... - ( UNEMPLOYMENT, LABOR, ECONOMY ) top
- (Read more) top Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.
Hospitality labor union projects 90% of members could lose jobs over coronavirus
Current and former government officials participate in the Center for Health Security's "Clade
From the publicly... - ( UNEMPLOYMENT, MARKETS ) top
- (Read more) top claiming the information is an important economic indicator that could potentially impact the financial markets. The DOL plans to release the unemployment figures late next week.
"State Unemployment Insurance data is regularly embargoed until the national numbers are published on Thursday morning and... - (Read more) topnumbers in bulk is unprecedented, one that could lead to the publication of a large unemployment claims number next week that shakes the markets even more, according to Beth Ann Bovino, U.S. chief economist at S&P Global.
"It's a new move," she said - (Read more) topSee ( UNEMPLOYMENT , LABOR , MARKETS )
- ( UNEMPLOYMENT, CORONAVIRUS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , CORONAVIRUS )
- ( UNEMPLOYMENT, ABC_NEWS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , ABC_NEWS )
- ( UNEMPLOYMENT, JOBLESS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , JOBLESS )
- ( UNEMPLOYMENT, WORKERS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , WORKERS )
- ( UNEMPLOYMENT, VOLUME ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , VOLUME )
- ( UNEMPLOYMENT, UNITED_STATES_DEPARTMENT ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , UNITED_STATES_DEPARTMENT )
- ( UNEMPLOYMENT, NEW_YORK ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , NEW_YORK )
- ( UNEMPLOYMENT, LABOR_DEPARTMENT ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , LABOR_DEPARTMENT )
- ( UNEMPLOYMENT, EMPLOYMENT ) top
- (Read more) top
As of Thursday afternoon, for example, 72,245 Minnesotans applied for unemployment, according to the Minnesota Department of Employment and Economic Development. At this time of year, the department usually only processes 500 new applications per day, according to a department spokesperson.
Visitors to the Department of Labor... - (Read more) topSee ( UNEMPLOYMENT , LABOR , EMPLOYMENT )
- ( UNEMPLOYMENT, EMBARGOED ) top
- (Read more) top
"The number of unemployment applications are now embargoed by the United States Department of Labor," DLI Secretary Gerard "Jerry" Oleksiak told reporters.
MORE: Dow loses 1/3 of value in a month as another brutal trading week ends
The... - (Read more) top
"State Unemployment Insurance data is regularly embargoed until the national numbers are published on Thursday morning and states are asked not to share their data until that time," said a DOL spokesperson - ( LABOR ) top
- ( LABOR, CORONAVIRUS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , CORONAVIRUS )
- ( LABOR, ABC_NEWS ) top
- (Read more) top. Departments in California and other states told ABC News they have not been advised of any embargo by the Department of Labor, while departments in other states had already released their numbers when the email from the Department of Labor arrived.
As... - (Read more) topSee ( UNEMPLOYMENT , LABOR , ABC_NEWS )
- ( LABOR, JOBLESS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , JOBLESS )
- ( LABOR, WORKERS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , WORKERS )
- ( LABOR, VOLUME ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , VOLUME )
- ( LABOR, UNITED_STATES_DEPARTMENT ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , UNITED_STATES_DEPARTMENT )
- ( LABOR, NEW_YORK ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , NEW_YORK )
- ( LABOR, MARKETS ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , MARKETS )
- ( LABOR, LABOR_DEPARTMENT ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , LABOR_DEPARTMENT )
- ( LABOR, EMPLOYMENT ) top
- (Read more) topSee ( UNEMPLOYMENT , LABOR , EMPLOYMENT )
- ( LABOR, EMBARGO ) top
- (Read more) top Departments in California and other states told ABC News they have not been advised of any embargo by the Department of Labor, while departments in other states had already released their numbers when the email from the Department of Labor arrived.
As of Thursday afternoon, for example, 72,245... - ( CORONAVIRUS ) top
- (Read more) top ... usually only processes 500 new applications per day, according to a department spokesperson.
Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.
Hospitality labor union projects...
- (Read more) top... average.
"These numbers, much like the virus, are multiplying quickly," said Bovino.
John Minchillo/APVisitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. moreVisitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020,...
- (Read more) top Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.
The Florida Department of Economic Opportunity will be following the Labor Department.s guidelines for releasing unemployment figures, but a DEO spokesperson...
- ( MARKETS ) top
- (Read more) top claiming the information is an important economic indicator that could potentially impact the financial markets. The DOL plans to release the unemployment figures late next week.
"State Unemployment Insurance data is regularly embargoed until the national numbers are published on Thursday morning and...
- (Read more) top"As a leading economic indicator that has the potential to impact policy decisions and financial markets, it is important to ensure the state Unemployment Insurance data is communicated in a consistent and fair manner."
The Labor Department.s attempt to release the states
- (Read more) topnumbers in bulk is unprecedented, one that could lead to the publication of a large unemployment claims number next week that shakes the markets even more, according to Beth Ann Bovino, U.S. chief economist at S&P Global.
"It's a new move," she said
- (Read more) top ... labor union for hospitality workers said it expects 80% to 90% of its 300,000 members to be out of work due to the outbreak.
"While I understand the intent of the government might be to calm markets -- I don't think markets will be fooled by any possible attempt to control the release of the data," Bovino told ABC News