Workforce Construction's Jobless Rate Nears 'All-Time Low' With 19K Jobs Gain Increased hiring pace in September dropped industry unemployment to 3.4%, as inflation worries persist Scott Judy October 7, 2022 No Comments Led by nonresidential contractors, the construction industry increased its hiring pace during September, and the overall unemployment rate fell to 3.4%.Read More
Economy Nonresidential Construction Spending Drop Worsened by Inflation James Leggate May 2, 2022 No Comments Nonresidential spending fell 0.8% in March, ABC analysis of U.S. Census Bureau data shows.Read More
Workforce Construction Sheds Another 7,000 Jobs in June Tom Ichniowski July 2, 2021 No Comments Industry's unemployment rate rises from May level but is down year over year.Read More
Nonresidential Spending Falls in December February 3, 2021 No Comments Spending in the nonresidential sector has been falling for several months, says ABCRead More
Construction Workforce Construction Adds 27,000 Jobs in November, But Jobless Rate Worsens Tom Ichniowski December 4, 2020 No Comments Residential construction showed stronger jobs increases than nonresidential categories.Read More
Construction Markets June Construction Spending Dips from May, Up Year over Year Government sector falls but private construction rises Tom Ichniowski August 1, 2017 No Comments Commerce Dept. says construction spending declines 1.3% on monthly basis but climbs 1.6% vs. June 2016.Read More
Construction Economics Construction January Jobless Rate Up, But 36K Jobs Added All construction segments gained jobs, led by residential specialty trade firms Tom Ichniowski February 3, 2017 No Comments January 9.4% rate up from year-earlier 8.5%, first year-over-year increase in more than six years.Read More
Construction Economics Construction Nov. Spending Up Slightly From Oct. Level Census Bureau report also shows 4.1% gain from year-earlier spending figure Tom Ichniowski January 3, 2017 No Comments Industry economists note that Nov. $1.18-trillion rate was highest since 2006; nonresidential sector's level strongest in eight years.Read More
Construction Economics Construction Nov. Jobless Rate Flat With Oct., Down from 2015 Industry also added 19,000 jobs during the month, Labor Dept. reports Tom Ichniowski December 2, 2016 No Comments November 5.7% rate is even with October's and improved from November 2015's 6.2%.Read More
Construction Economics Construction Oct. Spending Posts Monthly and Year-Over-Year Increases Tom Ichniowski December 1, 2016 One Comment Census Bureau reports October spending up a slight 0.5% from September but rose 3.4% from October 2015.Read More