Jobless Claims in U.S. Jumped Last Week After Sandy - Bloomberg: More Americans than forecast submitted claims for unemployment insurance and factory production declined in the northeastern U.S. after superstorm Sandy struck the region.
U.S. Jobless Claims Jump; Consumer Prices Increase
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Nov. 15 (Bloomberg) -- More Americans than forecast submitted claims for unemployment insurance last week as superstorm Sandy wreaked havoc on the job market. Applications for jobless benefits surged by 78,000 to 439,000 in the week ended Nov. 10, the Labor Department said today in Washington. The cost of living rose 0.1 in October, the slowest pace in three months, the Labor Department also reported. Betty Liu, Dominic Chu and Sara Eisen report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Applications for jobless benefits surged by 78,000 to 439,000 in the week ended Nov. 10, the most since April 2011, the Labor Department said today in Washington. Indexes of manufacturing in the New York and Philadelphia areas showed contractions this month.
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