September saw 50,000 lost jobs in North Carolina and an estimated 20,000 to 40,000 jobs were lost in Florida from Hurricane Michael. This is probably reflecting a rebound. The actual jobs created over those lost was 118,000. If these are jobs lost the 250,000 is about 180,000 or less depending on the recovery in NC and Florida.
I don't know why everyone is so thrilled with a 3 percent increase in pay either. Three percent of the minimum wage still leaves the working poor, poor.
Considering the October job growth is across all sectors, that is a return to function of the infrastructure after the storms.
Just as a note, a friend of the family, a 37 year old power line worker from Wilmington, NC died. (click here) The family was unclear as to why, but, the doctor's reports said it was the heart. He left a wife and children behind. He will be missed. They didn't come any nicer a person.
Life is still not back to normal for many people in Wilmington. I read the recent letter from the Chancellor at UNCW and the school had sustained $140 million in damages. The university has support from many, including alumni to try to bring the campus back. It takes time.
That’s is a lot of damage. Those buildings were fairly new and built like fortresses. I haven’t seen the campus since Florence, but, I cannot imagine $140 million in damage. There were many buildings erected within the past 15 years and built to last 100 years. The entire campus must have been devastated. There were four maintenance men that stayed during the hurricane. They probably have stories to tell.
I don't know why everyone is so thrilled with a 3 percent increase in pay either. Three percent of the minimum wage still leaves the working poor, poor.
Considering the October job growth is across all sectors, that is a return to function of the infrastructure after the storms.
Just as a note, a friend of the family, a 37 year old power line worker from Wilmington, NC died. (click here) The family was unclear as to why, but, the doctor's reports said it was the heart. He left a wife and children behind. He will be missed. They didn't come any nicer a person.
Life is still not back to normal for many people in Wilmington. I read the recent letter from the Chancellor at UNCW and the school had sustained $140 million in damages. The university has support from many, including alumni to try to bring the campus back. It takes time.
That’s is a lot of damage. Those buildings were fairly new and built like fortresses. I haven’t seen the campus since Florence, but, I cannot imagine $140 million in damage. There were many buildings erected within the past 15 years and built to last 100 years. The entire campus must have been devastated. There were four maintenance men that stayed during the hurricane. They probably have stories to tell.
Nov. 2, 2018
By Robert Schroeder
...“In one line: Solid across the board, (click here) though hard to read the trends behind the weather noise.” — Ian Shepherdson, chief economist, Pantheon Macroeconomics
Jason Furman, who ran the Council of Economic Advisers under President Barack Obama, said he didn’t see anything bad in the October numbers, citing strong wage growth and a bounce-back in job growth from last month....
By Robert Schroeder
...“In one line: Solid across the board, (click here) though hard to read the trends behind the weather noise.” — Ian Shepherdson, chief economist, Pantheon Macroeconomics
Jason Furman, who ran the Council of Economic Advisers under President Barack Obama, said he didn’t see anything bad in the October numbers, citing strong wage growth and a bounce-back in job growth from last month....
