'US shutdown caused record number of furloughed days'

Image
IANS Washington
Last Updated : Nov 08 2013 | 8:05 AM IST

Federal employees were furloughed for a combined total of 6.6 million days during the 16-day partial federal government shutdown starting Oct 1, the most number in all government shutdowns of the country, the White House said Thursday.

The shutdown that occurred last month inflicted completely unnecessary damage on the US economy and took a toll on families and businesses across the country, reported Xinhua citing the White House Office of Management and Budget (OMB) in a report released Thursday.

It said at peak, about 850,000 individuals were furloughed each day. That number fell once most of the civilian employees with the Department of Defense were able to return to work during the shutdown.

The combination of the shutdown and debt limit brinkmanship cost 120,000 private sector jobs during the first two weeks of October, and multiple surveys have also shown that consumer and business confidence was badly damaged, it added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 08 2013 | 8:02 AM IST

Next Story