Tag Archive for ‘economics’

Construction Hiring Slows While Overall Hiring Increases, per November JOLTS Data

Job Openings and Labor Turnover Survey (JOLTS) data for November from the Bureau of Labor Statistics indicates improving hiring conditions for the overall economy. While total job openings for all non-farm sectors were essentially unchanged at 3.2 million, total hires increased to 4.1 million, which is tied with September of 2011 for the most number of hires since the Fall of 2008. The… Read More ›

The Employment Situation for December – Cautiously Optimistic

The Bureau of Labor Statistics (BLS) released the Employment Situation report for December today. From the establishment survey, payroll employment increased by 200 thousand, with private payrolls adding 212 thousand and government payrolls declining by 12 thousand. The October and November figures were revised, lowering payroll employment by 8 thousand for the period. From the household survey, the unemployment rate… Read More ›

Expiring Housing Tax and Finance Law: What’s on the 2012 Policy Agenda

Due to heated budget debates during the second half of last year, Congress failed to approve a 2011 “tax extenders”  bill, legislation that typically extends certain business and individual tax rules that expire every year or two. This development sets up a policy fight in 2012 during which advocates will seek a retroactive extension of now-expired tax rules. However, this is not… Read More ›