Unemployment Filings Drop

The number of people filing for unemployment has returned to pre-Superstorm Sandy levels; the storm had caused a temporary spike in jobless claims last month due to the massive destruction and disruption caused by Sandy. The storm is likely to depress numbers for November as well, but weekly applications have returned to levels consistent with modest hiring. Despite the setbacks from Sandy, many analysts believe the underlying economy is gaining strength and adding jobs. See USAToday for the full article.