Snow Gives Jobless Claims A Boost
The reason jobless claims were so low last week? Blame the snow, experts say.
When snowstorms last week kept workers at home, new claims couldn’t be processed and the newly laid-off were skipping the trips to the unemployment office. This week, despite the snow that pummeled some of the mid-Atlantic yesterday, those claims have been re-added to the queue for a total of 454,000 newly unemployed, an increase of 51,000 from the previous week.
“I’ll buy that it can be blamed on the weather.
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