US Top News - Superstorm Sandy Spikes US Jobless Claims

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Superstorm Sandy Spikes US Jobless Claims

Superstorm Sandy jolted the U.S. labor market last week, with claims for jobless benefits surging to their highest level in 18 months.

 The U.S. government said Thursday that 439,000 workers filed claims for unemployment benefits, up 78,000 from the week before. Several states said the October 29 storm wreaked havoc on businesses along the country's northeastern seaboard, with the worst damage in the heavily developed New York-New Jersey metropolitan area.

 With some jobless benefit ...

Source: Superstorm Sandy Spikes US Jobless Claims