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View Diary: Government reports 146,000 new jobs in November; unemployment rate drops to 7.7% (108 comments)

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  •  Link, please regarding manufacturing... (0+ / 0-)

    ...job loss for November being directly attributable to Sandy.

    Don't tell me what you believe, show me what you do and I will tell you what you believe.

    by Meteor Blades on Fri Dec 07, 2012 at 09:57:51 AM PST

    [ Parent ]

    •  It was discussed widely when the ADP numbers (1+ / 0-)
      Recommended by:
      Meteor Blades

      for Nov. came out.

      Can't find the article where I read the breakdown, but I found these:

      Temp work, hospitality, retail, and manufacturing industries were hit hardest by the storm.
      http://www.cnbc.com/...
      “Superstorm Sandy wreaked havoc on the job market in November, slicing an estimated 86,000 jobs from payrolls. The manufacturing, retailing, leisure and hospitality, and temporary help industries were hit particularly hard by the storm. Abstracting from the storm, the job market turned in a good performance during the month.”
      http://business.time.com/...
      WASHINGTON (MarketWatch) — The U.S. saw slower jobs growth in November as Hurricane Sandy hurt employment, particularly in the manufacturing sector, a payrolls processing firm estimated Wednesday.
      http://articles.marketwatch.com/...

      It would be hard to explain if not attributable to mainly Sandy, especially since employment in manufacturing in the automobile industry grew by 10k, according to the BLS report.

      "A candle loses nothing by lighting another candle" - Mohammed Nabbous, R.I.P.

      by Lawrence on Fri Dec 07, 2012 at 10:29:43 AM PST

      [ Parent ]

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