| Submit your comments on this article |
| Economy |
| Jobless Rate Slides to 4.2 % Despite Hurricanes |
| 2017-10-06 |
| [Bloomberg] The number of workers on U.S. payrolls declined last month for the first time since 2010, reflecting major disruptions from hurricanes Harvey and Irma, Labor Department figures showed Friday. The jobless rate fell to a new 16-year-low while wage gains accelerated. |
| Posted by:Besoeker |
| #2 Appears the 'jobless rate' in Canada experienced an increase during the same period. I suppose one could draw his or her own conclusions. |
| Posted by: Besoeker 2017-10-06 11:41 |
| #1 While it takes a while to spin up manufacturing, then warehousing and delivery to supplant the housing and appliance items damaged in the storms, I find it hard to believe these are all contract workers. Financing must be retracting ahead of the Fed increase. |
| Posted by: Skidmark 2017-10-06 10:19 |