Mainecoons
11-15-2012, 11:40 AM
That spike in unemployment applications?
From the Department of Labor press release (http://www.dol.gov/opa/media/press/eta/ui/current.htm#.UKTvPI7paao) this morning:
In the week ending November 10, the advance figure for seasonally adjusted initial claims was 439,000, an increase of 78,000 from the previous week's revised figure of 361,000. The 4-week moving average was 383,750, an increase of 11,750 from the previous week's revised average of 372,000.
Some of the new claims, especially in New Jersey, were due to Hurricane Sandy--but these were offset by a decline in claims filed in New York. The highest numbers of new filings came from Pennsylvania and Ohio, where there were thousands of layoffs in the construction, manufacturing, and automobile industries. http://www.breitbart.com/Big-Government/2012/11/15/Surprise-Jobless-Claims-Up-Over-75000
Yup, it was Hurricane Barry.
From the Department of Labor press release (http://www.dol.gov/opa/media/press/eta/ui/current.htm#.UKTvPI7paao) this morning:
In the week ending November 10, the advance figure for seasonally adjusted initial claims was 439,000, an increase of 78,000 from the previous week's revised figure of 361,000. The 4-week moving average was 383,750, an increase of 11,750 from the previous week's revised average of 372,000.
Some of the new claims, especially in New Jersey, were due to Hurricane Sandy--but these were offset by a decline in claims filed in New York. The highest numbers of new filings came from Pennsylvania and Ohio, where there were thousands of layoffs in the construction, manufacturing, and automobile industries. http://www.breitbart.com/Big-Government/2012/11/15/Surprise-Jobless-Claims-Up-Over-75000
Yup, it was Hurricane Barry.