Tag Archive for ‘residential construction employment’

Employment Growth Rebounds in October

According to the Employment Situation for October 2017 reported by the Bureau of Labor Statistics (BLS), total nonfarm payroll employment rose by 261,000 in October and the unemployment rate decreased to 4.1% in October, from 4.2% in September. Employment rebounded sharply in October after hurricane-related disruptions in September. Employment growth reinforced the Fed’s statement on Wednesday that “the labor market… Read More ›

Hurricanes Impact Job Numbers in September

According to the Employment Situation for September 2017, reported by the Bureau of Labor Statistics (BLS), total nonfarm payroll employment decreased by 33,000 in September. According to the BLS, “A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey.” Employment growth has averaged 148,000… Read More ›

Solid Job Gains in July

At the start of the third quarter, employment gains and the unemployment rate ticked down. According to the Employment Situation for July 2017 reported by the BLS, total nonfarm payroll employment increased by 209,000 in July, after an upwardly revised 231,000 gains in June. Employment growth averaged 184,000 so far this year, close to the average monthly growth in 2016…. Read More ›

U.S. Total Payroll Employment Gains Accelerated in June

June’s employment gains accelerated while the unemployment rate ticked up. Moreover, employment in residential construction kept increasing with the lower unemployment rate. According to the Employment Situation for June 2017 reported by the BLS, total nonfarm payroll employment increased by 222,000 in June, faster than the 152,000 gains in May. The unemployment rate rose to 4.4%, from a 16-year low… Read More ›

NAHB Releases New Home Building Employment Estimates by State and Congressional District

The new NAHB study presents the most recent and comprehensive estimates of home building employment, including self-employed workers, by state and congressional district. NAHB Economics estimates that out of 9.6 million people working in construction in 2015, close to 3.8 million people worked in residential construction, accounting for 2.5% of the US employed civilian labor force. These numbers reflect steady… Read More ›