|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
: U.S. unemployment benefit applications were elevated for a second straight week because Superstorm Sandy forced many people to seek temporary aid. First-time applications fell 41,000 last week to a seasonally adjusted 410,000, the Labor Department said.
MORE DISTORTIONS LIKELY: Two weeks ago, the storm drove applications up by 90,000 to 451,000, an 18-month high. Workers can claim benefits if their employers close and they aren't paid. Sandy could inflate applications for another week.
JOB GAINS TO SLOW: The storm may slow job growth this month. That's because monthly job gains are calculated by subtracting layoffs and quits from overall hiring.