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10/06/2017: September jobs swept away, literally
Oct 6, 2017

10/06/2017: September jobs swept away, literally

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Hurricane season this year was rough on the economy: Harvey and Irma likely erased September job growth, and half of Puerto Rico is still without running water two weeks after Maria struck. A silver lining for Puerto Ricans could be the repeal of the Jones Act, which blocks ships from docking on the island unless they are American-built and operated, and has been temporarily lifted in the wake of the storm. If it were repealed entirely, increased competition from foreign ships would drive down prices of deliveries to the island and speed up the long recovery ahead, but could negatively effect Florida's shipping and shipbuilding industry. On another note, we discuss sexual harassment allegations against Harvey Weinstein with an editor who's been on the prominent movie producer's case for a long time.

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How hurricanes could distort September jobs numbers

Oct 6, 2017
The September jobs report from the Labor Department comes out today, and hurricanes Harvey and Irma are likely to show up in the numbers in different ways. In Texas and Florida, where the hurricanes did significant damage, employees couldn’t get to work, workplaces shut down, job interviews got cancelled. All that could make job-creation numbers […]
Resident Mirian Medina stands on her property about two weeks after Hurricane Maria swept through the island on October 5, 2017 in San Isidro, Puerto Rico.
Mario Tama / Getty Images

Hurricane season this year was rough on the economy: Harvey and Irma likely erased September job growth, and half of Puerto Rico is still without running water two weeks after Maria struck. A silver lining for Puerto Ricans could be the repeal of the Jones Act, which blocks ships from docking on the island unless they are American-built and operated, and has been temporarily lifted in the wake of the storm. If it were repealed entirely, increased competition from foreign ships would drive down prices of deliveries to the island and speed up the long recovery ahead, but could negatively effect Florida’s shipping and shipbuilding industry. On another note, we discuss sexual harassment allegations against Harvey Weinstein with an editor who’s been on the prominent movie producer’s case for a long time.