Eye On Housing
According to the Employment Situation reported by the Bureau of Labor Statistics (BLS), in July, jobs increased by 170,000 and the unemployment rate edged down to 3.9%. The labor force participation rate remained unchanged at 62.9%. The release also indicates that the number of construction jobs rose by 19,000 in July, after the 13,000 increase in June. Residential construction employment… Read More ›
The count of unfilled jobs in the construction sector was flat in May, remaining near post-Great Recession high levels. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs came in at 243,000. The post-recession high count of open, unfilled construction jobs was 255,000 in July of last year…. Read More ›
According to the Employment Situation reported by the Bureau of Labor Statistics (BLS), in June, jobs increased by 213,000 and the unemployment rate rose to 4.0% due to the increase in the number of unemployed persons. The labor force participation rate rose by 0.2 percentage point to 62.9%. The release also indicates that the number of construction jobs rose by… Read More ›
The Conference Board’s Consumer Confidence Index decreased in June, following an increase in May. The June decline in the Consumer Confidence Index was driven mainly by a sharp decline in the Expectations Index. While the Present Situation Index declined modestly, by 0.1% from an index reading of 161.2 in May to 161.1 in June, the Expectations Index dropped by 3.7%… Read More ›
The count of unfilled jobs in the construction sector was effectively unchanged in April, remaining near post-Great Recession high levels. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs came in at 232,000. The post-recession high count of open, unfilled construction jobs was 255,000 in July of last… Read More ›
The Bureau of Labor Statistics (BLS) reported the Employment Situation for May 2018. Jobs increased by 223,000 and the unemployment rate edged down to 3.8% in May. The growth rate of average hourly earnings accelerated slightly to 2.7%, but growth has largely been flat since 2016. The release also indicates that the number of construction jobs rose by 25,000 in… Read More ›
The count of unfilled jobs in the construction sector increased in March and approached the post-Great Recession high level. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs increased to 248,000 in March. The post-recession high count of open, unfilled construction jobs was 255,000 in July of last… Read More ›
The Bureau of Labor Statistics (BLS) reported the Employment Situation for April 2018. In April, job gains increased by 164,000 and the unemployment rate fell to 3.9%, the lowest rate since 2001. Total nonfarm payroll employment rose by 164,000 in April, slightly faster than the increase of 135,000 jobs in March. The March increase was revised up from its original… Read More ›
The count of unfilled jobs in the construction sector declined in February, but remains higher than a year ago. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs came in at 196,000 in February. The post-recession high count of open, unfilled construction jobs was 255,000 in July of… Read More ›
The Bureau of Labor Statistics (BLS) reported the Employment Situation for March 2018. In March, job gains slowed and the unemployment rate remained at 4.1%. Total nonfarm payroll employment rose by 103,000 in March, slower than the 326,000 job growth in February. The February increase was revised from its original estimate of a 313,000 increase. Despite smaller monthly increase in… Read More ›