US jobless claims soar after Superstorm Sandy
In this Monday, Oct. 29, 2012, file photo, the floor of the New York Stock Exchange is empty of traders, as New York’s financial district braced for the onslaught of Hurricane Sandy, which froze commerce, shut down stock exchanges for the first time since 9/11 and idled millions of workers. AP PHOTO/RICHARD DREW
WASHINGTON—US weekly jobless claims jumped by 78,000 in one week in the wake of Superstorm Sandy, which both interrupted reporting and forced people out of work in the northeast, Labor Department data showed Thursday.
New claims for unemployment insurance, a signal of the pace of layoffs, rose to 439,000 in the week to November 10 from the previous week’s figure of 361,000.
Short URL: http://business.inquirer.net/?p=93248
Factual errors? Contact the Philippine Daily Inquirer's day desk.
Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate.
Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94