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U.S. government shutdown may depress January job growth

Firstpost Saturday, 12 January 2019 ()
By Lucia Mutikani WASHINGTON (Reuters) - A partial shutdown of the U.S. government could slash job growth by as much as 500,000 in January and lift the unemployment rate above 4.0 percent unless the impasse in Washington is resolved before next Friday, economists warned.
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News video: Furloughed government employees protest shutdown

▶ Furloughed government employees protest shutdown 01:53

"My life, my job is not another brick in your wall," one sign read as federal employees rallied Thursday to call for an end to the weekslong government shutdown.

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The Trump administration says the shutdown is subtracting a tenth of a percentage point from economic growth every week.

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The Trump administration says the shutdown is subtracting a tenth of a percentage point from economic growth every week.

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Senator Ben Cardin was at BWI airport Monday to met with TSA workers, who continue to work without pay because of the government shutdown.

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7 financial tips for federal workers to survive the government shutdown [Video]7 financial tips for federal workers to survive the government shutdown 02:13

Unpaid federal workers have utility bills, student loans, credit card bills and, according to real estate company Zillow, they owe around $438 million in mortgage and rent payments in January alone.

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Coast Guard To Feel Effects Of Shutdown [Video]Coast Guard To Feel Effects Of Shutdown 00:40

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US shutdown sends economy into uncharted waters

The US government shutdown on Saturday became the longest in history and is taking a growing bite out of the world's largest economy with each passing day. While...
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