Wednesday, January 16, 2013

Superstorm Sandy could boost hiring | Synopsis

Superstorm Sandy could boost hiring

Hurricane Sandy power outage in Lower Manhattan, New York
Hurricane Sandy power outage in Lower Manhattan, New York by Lisa Bettany {Mostly Lisa}
License (according to Flickr): Attribution License
Excerpt:

"I just recorded a radio ad to run in two of the localities we serve for pumping material back under houses to replace sand that's washed away by storm surges," said Roberts, who heads a family-owned concrete business in Williamsburg, Va. "So if things go well, we'll definitely hire to fill our open position and potentially add additional labor to allow for increased capacity." Head of FEMA on Sandy response and relief Indeed, Sandy is already providing at least a temporary boost in employment. The advance warnings about the storm gave utility companies time to start hiring crews from subcontractors to help restore power and telephone service. The uptick in business activity is likely to extend beyond the hardest-hit regions and those directly involved in the clean-up. For example, Wisconsin manufacturers Briggs & Stratton Corp.

People:

Jim Angleton

Overall Sentiment: 0.523993

Relevance: 0.719853

SentimentQuote
0"This storm is going to be a shot in the arm economically speaking," said Jim Angleton ...
0.024386"This storm is going to be a shot in the arm economically speaking," said Jim Angleton of AEGIS FinServ, which helps companies issue pre-paid debit and credit cards. "This storm and its damage, power loss and huge inconvenience will actually be beneficial in less than seven days."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.024386
  • Mean: 0.012193
  • Standard Deviation: 0

Paul Ashworth

Overall Sentiment: 0.195555

Relevance: 0.554624

SentimentQuote
0.0865646"The flooding and power outages across large parts of the East Coast mean that Hurricane Sandy will undoubtedly hit economic output in the short-term," he said ...
-0.0687752"The flooding and power outages across large parts of the East Coast mean that Hurricane Sandy will undoubtedly hit economic output in the short-term," he said in a report. "Some of that output will be made up before the end of the current quarter, however, and when we factor in the boost to GDP growth from the clean-up, the overall economic impact is likely to be very modest."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.0177894
  • Mean: 0.0088947
  • Standard Deviation: 1.7320508075689

Roberts

Overall Sentiment: 0.0377865

Relevance: 0.509853

SentimentQuote
0.0260536"I just recorded a radio ad to run in two of the localities we serve for pumping material back under houses to replace sand that's washed away by storm surges," said Roberts, ...
0.105965"I just recorded a radio ad to run in two of the localities we serve for pumping material back under houses to replace sand that's washed away by storm surges," said Roberts, who heads a family-owned concrete business in Williamsburg, Va. "So if things go well, we'll definitely hire to fill our open position and potentially add additional labor to allow for increased capacity."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.1320186
  • Mean: 0.0660093
  • Standard Deviation: 0

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

PrintMedia: Financial Times

Overall Sentiment: -0.0253662

Relevance: 0.503482

Company: Generac Power Systems

Overall Sentiment: 0

Relevance: 0.539665

Disambiguation: References:

Company: Capital Economics

Overall Sentiment: 0.138286

Relevance: 0.497701

Company: Kohler Power Systems

Overall Sentiment: 0

Relevance: 0.465957

Company: Briggs & Stratton Corp.

Overall Sentiment: 0

Relevance: 0.452288

NaturalDisaster: Hurricane Sandy

Overall Sentiment: 0.301739

Relevance: 0.851197

NaturalDisaster: Hurricane Katrina

Overall Sentiment: -0.268671

Relevance: 0.776204

NaturalDisaster: hurricane

Overall Sentiment: 0

Relevance: 0.558282

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