Hurricanes Boost Inflation & Scramble Some US Job Markets

Volunteer Paul Hancock pushes an oven damaged by floodwaters onto a pile of debris in the aftermath of Hurricane Harvey Sunday, Sept. 3, 2017, in Spring, Texas. Hancock and numerous other volunteers are helping flood victims across the Houston area. (AP Photo/David J. Phillip)

The two recent hurricanes that hit the United States raised inflation and puzzled analysts tracking job losses in Texas and Florida. Experts say the impact on the huge economy is “limited.” Thursday’s report from the Labor Department says overall unemployment claims declined 14,000 over the past week, after jumping by tens of thousands the previous week…

Latest from Uncategorized