U.S. economy sheds 33,000 jobs last month, first decline since 2010

[mentalfloss]

These hurricanes happen all the time.

All the time....

U.S. economy sheds 33,000 jobs last month, first decline since 2010

The U.S. shed 33,000 jobs in September because of Hurricanes Harvey and Irma, which closed thousands of businesses in Texas and Florida and forced widespread evacuations. It was the first decline in nearly seven years.

The unemployment rate fell to 4.2 per cent from 4.4 per cent, the Labor Department said Friday, the lowest level since February 2001.


U.S. economy sheds 33,000 jobs last month, first decline since 2010 - Business - CBC News

 

[MHz]

Did the code from the voting machines escape into the wild??

 

[Highball]

Over 17,000 employers were totally wiped out due to severe storms. This drop is less than what I expected to see. Wait until Nate hits and lets see jut how much more our economy will be affected.

 

[TenPenny]

I read the article, and it's obvious that the jobs lost are due to storms and the resulting hit to the hospitality industry.

 

[mentalfloss]

For sure.

And the insurance costs are going to be raising premiums next year.

 

[darkbeaver]

And the storms are by no means finished at this time. Solar cycle 25 peaks at 2030 many students of climate predict a few degrees of global average temperature to severely impact agricultural output. Mass starvation is expected and nothing can done to avoid it.

Places forty-five degrees north latitude and greater will not have conditions to seed or harvest. Others insist forty degrees as the white frozen line, and that is both hemispheres. Damage and losses already this year are quite substantial.

 

[mentalfloss]

Isn't climate change wonderful?

 

[MHz]

A booming industry.
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