Tag Archive for ‘labor force participation rate’

Payroll Employment Plunged in April

Total payroll employment fell by 20.5 million in April and the unemployment rate soared to 14.7%. Residential construction employment decreased by 415,000 in April to 2.5 million. This drop brought the current level of residential construction employment back to the level in December 2015 (2,538,000 jobs). Total construction industry (both residential and nonresidential) employment dropped by about 1 million to… Read More ›

Significant Loss Began to be Reported in March Jobs Report

Total payroll employment fell by 701,000 in March and the unemployment rate rose to 4.4%. The March loss reflected the impact of the COVID-19 outbreak. Residential construction employment decreased by 4,300 in March, after a revised increase of 24,100 in February. Total construction industry (both residential and nonresidential) employment totaled about 7.6 million in March. The Bureau of Labor Statistics… Read More ›

Exceptional Job Gains for February

The U.S. job market remained strong in February. Total payroll employment increased by 273,000 and the unemployment rate was 3.5% for the month. Residential construction employment increased by 21,900 in February, after a revised increase of 22,400 in January. Total construction industry (both residential and nonresidential) employment totaled about 7.6 million in February. The Bureau of Labor Statistics released the… Read More ›

A Strong Start for 2020

The labor market started the new year with a solid gain. Total payroll employment increased by 225,000 and the unemployment rate was 3.6% in January. Residential construction employment increased by 20,200 in January, the largest gain in the past twelve months. Total construction industry (both residential and nonresidential) employment totaled about 7.6 million in January. The Bureau of Labor Statistics… Read More ›

145,000 Jobs Added in December

Total payroll employment increased by 145,000 and the unemployment rate was unchanged at 3.5% in December. Residential construction employment increased by 3,200 in December, after a decline of 1,100 jobs in November (revised). Total construction industry (both residential and nonresidential) employment totaled about 7.6 million in December. The Bureau of Labor Statistics released the Employment Situation Summary for December. Total… Read More ›

Strong Job Growth in November

Total payroll employment increased by 266,000 in November, while the unemployment rate declined to 3.5%. Residential construction employment was little changed (-500) in November, after an increase of 5,400 jobs in October (revised). Total construction industry (both residential and nonresidential) employment totaled about 7.5 million in November. The Bureau of Labor Statistics released the Employment Situation Summary for November. Total… Read More ›

128,000 Jobs Added in October

The October job gains suggests the job market is still showing solid gains. Total employment increased by 128,000 and the unemployment rate inched up 0.1 percentage points to 3.6%. Residential construction employment increased by 5,100 in October, after an increase of 5,500 jobs in September (revised). Total construction industry (both residential and nonresidential) employment totaled about 7.5 million in October…. Read More ›

Unemployment Falls to 3.5% in September

The job market is slowing but still showing solid gains as total employment increased by 136,000 and the unemployment rate declined by 0.2 percentage points to 3.5%. Residential construction employment increased by 3,400 in September, after an increase of 100 jobs in August (revised). Total construction industry (both residential and nonresidential) employment totaled about 7.5 million in September. The Bureau… Read More ›

Job Gains Slowed in August

In August, total nonfarm payroll employment increased by 130,000, while the unemployment rate stayed at 3.7%. Residential construction employment increased by 2,300 in August, after an increase of 4,900 jobs in July. The total construction industry (both residential and nonresidential) employment totaled about 7.5 million in August. According to the Employment Situation Summary for August, released by the Bureau of… Read More ›

Job Growth Slowed in July

In July, total nonfarm payroll employment increased by 164,000, while the unemployment rate held at 3.7%. Residential construction employment increased by 7,400 in July, after an increase of 5,000 jobs in June. The total construction industry (both residential and nonresidential) employment was about 7.5 million in July. According to the Employment Situation Summary for July, released by the Bureau of… Read More ›