Yes, precisely. The reality is that when there are natural disasters like this work is often created. Construction jobs to rebuild. People buying generators and having electrical work done. Tree cutting and removal. Etc. etc. I’m not saying storms are an economic plus, but in a thriving economy they are not a knockout blow. If finger pointing and blame shifting were computed into the GDP our numbers would be looking really good right now.
“With so many businesses closed, many of the roughly 10 million workers in coastal counties were tossed out of work. On Wednesday, the government reported that more than 75,000 workers filed a new unemployment claim last week in New York, New Jersey and Connecticut, mostly in the construction, food service and transportation industries.”
construction seems crazy. precisely the skills needed.
FEMA just got a bundle of cash and they are hiring temps tp do clanup.