Did She Or Didn't She? Gov Report Says Sandy Had Little Effect On Jobs This Month
Despite an ADP report to the contrary, the Bureau of Labor Statistics today said that Hurricane Sandy did not “substantively impact the national employment and unemployment estimates for November.”
That and 146,000 jobs were added to the economy, an unimpressive gain.
The good news: The unemployment rate edged down to 7.7 percent as companies hired in retail, health care, and hospitality. And for the first time we recall, also in motion picture and sound recording (+15,000 jobs).
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