While the Bureau of Labor Statistics doesn’t quantify the impact of major weather events on the monthly employment data, it is possible to tease out where some of those impacts may have occurred. Certain industries do tend to be associated with outdoor activity that could be affected, where supply chains may be disrupted, and where temporary workers may be needed to aid recovery efforts.
An effective calculation is to add up construction, retail, transportation and warehousing, social assistance, and administration less temporary help. The resulting total of weather sensitive industries as a share of total employment then gives an idea of what the storm impact was. In October, these may reduced nonfarm payrolls by about 25 percent.
Econoday’s Global Economics articles detail the results of each week’s key economic events and offer consensus forecasts for what’s ahead in the coming week. Global Economics is sent via email on Friday Evenings.
The Daily Global Economic Review is a daily snapshot of economic events and analysis designed to keep you informed with timely and relevant information. Delivered directly to your inbox at 5:30pm ET each market day.2025 Econoday
The 2025 Econoday Economic Journal is the essential tool for anyone looking to stay ahead in the rapidly changing economic landscape. Packed with a comprehensive calendar of key economic events, expert analysis, and daily planning insights, this journal is perfect for investors, students, and decision-makers alike.