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Hurricane Milton, which struck Florida on October 9th, has had a significant impact on the state’s job market. The U.S. Department of Labor reported a sharp increase in unemployment claims for the week ending October 19th, with 10,574 initial claims filed. This marks the highest weekly total since the aftermath of Hurricane Ian in 2022. The surge in claims is likely attributed to job losses and business disruptions caused by Hurricane Milton’s widespread damage. The previous week, ending October 12th, saw 6,299 claims, indicating a substantial increase in unemployment following the storm. READ…

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