Superstorm Sandy to dampen payrolls

From reuters.com

Superstorm Sandy likely put a dent in U.S. employment growth in November, temporarily interrupting a recently established trend of modestly rising payrolls. Nonfarm employment is forecast to have increased by a paltry 93,000 jobs last month after advancing by 171,000 in October, according to a Reuters survey of economists. The unemployment rate is seen holding steady at 7.9 percent. November's anticipated job count would be the smallest in five months. Economists said the slowdown will reflect the effect of the late-October storm, which battered the densely populated East Coast. A snap back is ... (full story)