The media will either ignore, or just not report on the spike in first time unemployment filings released today, which is at it’s highest in 18 months. While some first time filers were in New Jersey, and affected by Hurricane Sandy, that number was offset by the DECREASE in first time filings in New York. Instead, two big battleground states that voted for Obama in this past election saw the highest amount of unemployment filings, Ohio and Pennsylvania. This states voted for Obama, so I hope they are enjoying the consequences. These states had little impact from Hurricane Sandy. The reason for the spike in filings was due to thousands of layoffs in the construction, manufacturing, and automobile industries. Oh well. You voted for free stuff Ohio and Pennsylvania, now deal with the consequences.
Some of the new claims, especially in New Jersey, were due to Hurricane Sandy–but these were offset by a decline in claims filed in New York. The highest numbers of new filings came from Pennsylvania and Ohio, where there were thousands of layoffs in the construction, manufacturing, and automobile industries.