Economics Articles Analyzed

Paper Summary:

This paper presents an analysis of three articles which relate to the American economical situation after Hurricaneeeee Katrina. The articles examined are: "Economy Adds 169,000 Jobs but the Impact of the Hurricane not yet Felt" by Edmund Andrews, "White House to Release 30M Barrels of Oil" by Josef Herbert and "Katrina Could Cost 100 Billion" in CNN Money.

From the Paper:

"In other words, the swift impact of the tragedy is not reflected in these otherwise salutary figures, which normally would have given a great psychological boost to investors and ordinary Americans. However, it should be noted that the type of jobs that were created--short-term or long-term, for example, were not reflected in these initial employment figures, a fact not stressed in the article, but still important to take into consideration when evaluating employment data."

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