October Employment Preview: Hurricane Payback Should Help Bring +225K Private Jobs Gain
posted by Michael Lewis on November 01, 2018
Hurricane payback. Hurricane Florence struck during the September jobs survey week. State-level data indicate that the storm reduced payroll employment in the Carolinas by about -50K jobs.
FMI’s Preview of Friday’s October Employment report including our review of 18Q3 Productivity & Labor Costs and the latest Weekly Initial UI Claims & Rail Traffic data.