Unemployment Claims Recovering from Superstorm Sandy

Initial Unemployment Claims Rapidly Coming Back To Trend, Post Superstorm Sandy by Lee Adler, Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment fell by 41,000 to 410,000 from a revised 451,000 (was 439,000) in the advance report for the week ended November 17, 2012. The number was …

Initial Claims’ Storm Surge

Sandy Has Extraordinary Impact on Initial Unemployment Claims by Lee Adler, The Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment rose by 78,000 to 439,000 from a revised 361,000 (was 355,000) in the advance report for the week ended November 10, 2012. The number was far worse …