Let's Just Say, We Really Hope This Jobless Claims Chart Is Being Distorted By Hurricane Sandy

Here’s a chart showing the year-over-year change in initial weekly jobless claims. That is a serious spike up the last two weeks. We hope it’s all due to Hurricane Sandy and that we’ll quickly revert to our trend of year-over-year claims declining by about 10%. If it’s not, then there might be another issue.

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