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US economy loses 33000 jobs after hurricanes, first decline in seven years. But unemployment falls to 4.2 percent - Washington Post

The U.S. economy lost 33,000 jobs in the aftermath of Hurricanes Harvey and Irma last month, the first decline since September 2010. The unemployment rate declined slightly to 4.2 percent, the lowest since February 2001. Analysts had been expecting job ...and more »

US loses 33000 jobs in September after hurricanes slam Texas, Florida -

A restaurant sits in floodwater in Port Arthur, Texas. Hurricanes Harvey and Irma caused the nation to lose jobs for the first time in seven years in September, with restaurants and bars taking the biggest hit. ( The Los Angeles Times ). Comment. By ...and more »

Employment Goes Negative In Month Fraught With Hurricanes - InsideSources

The economy saw job growth turn negative, likely due to the recent string of hurricanes, with the loss of 33,000 jobs in the month of September, detailed a federal report Friday. The labor market has improved greatly over the last two years following ...and more »

Employment Falls In September After Hurricanes Harvey And Irma Undercut Economic Activity - HuffPost

WASHINGTON, Oct 6 (Reuters) - U.S. employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic ...and more »

Hurricanes Hit Job Market: Employment In US Drops By 33000 Jobs In September - Forbes

Hurricanes Harvey and Irma destroyed hundreds of thousands of homes and resulted in billions of dollars in damage. And according to a new report from the Department of Labor Friday morning, the devastating effects of these two storms aren't limited to ...and more »

Economy posts first job losses in seven years - The Hill

Severe weather battered the U.S. economy in September, leading to the first job losses since 2010, the government reported on Friday. The labor market lost 33,000 jobs last month, though the unemployment rate fell to 4.2 percent, the lowest in 16 years.and more »

'Predictably awful' — what economists said about jobs report as hurricanes took toll - MarketWatch

Here are some comments from analysts on September's jobs report, which showed the workforce shrinking by 33,000 jobs as employment was hit by hurricanes Harvey and Irma. Read more about the jobs report. Economist Ernie Tedeschi called the ...and more »

Hurricanes Irma and Harvey Spur the First Employment Decline in 7 Years - The Atlantic

On Friday, the Bureau of Labor Statistics reported that the U.S. labor market shed 33,000 jobs in September—the first decline in the total number of paid positions in the economy in seven years. The unemployment rate, however, fell to 4.2 percent from ...and more »

The monthly jobs numbers haven't gone down in 7 years. Until now. - USA TODAY

The U.S. lost jobs for the first time in seven years last month after Hurricanes Irma and Harvey drove down employment. But wages grew, unemployment fell to a new 16-year low and there were other reassuring signs that September's weak showing was a ...and more »

Economy lost 33000 jobs in September - Politico

The economy lost jobs in September for the first time in seven years, a consequence of late-summer hurricanes. The Labor Department reported Friday morning that the economy lost 33,000 jobs, down from 169,000 jobs added in August. Story Continued ...and more »