Superstorm Sandy to dampen U.S. payrolls

Apr 12 2014

People wait in line to enter a job fair in New YorkSuperstorm Sandy likely put a dent in U.S. employment growth in November, temporarily interrupting a recently established trend of modestly rising payrolls. Nonfarm employment is forecast to have increased by a paltry 93,000 jobs last month after advancing by 171,000 in October, according to a Reuters survey of economists. The unemployment rate is seen holding steady at 7.9 percent. November's anticipated job count would be the smallest in five months. …

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    Originally posted 2012-12-07 14:17:25. Republished by Blog Post Promoter

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