Job growth persisted in April despite elevated interest rates and rising geopolitical uncertainty related to the Iran conflict, according to the National Association of Home Builders. The unemployment rate held steady at 4.3% in April and wage growth accelerated, with …
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February Labor Market Sees Pullback With Widespread Job Declines
February’s labor market data point to a significant pullback in employment, with job losses concentrated across a majority of states and smaller gains elsewhere, according to the National Association of Home Builders (NAHB). In February, nonfarm payroll employment increased in …
Read More »Construction Job Openings Decline Further in February as Labor Market Cools
The number of open positions in construction was down in February, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from three years ago due to …
Read More »Building Material Price Growth Remain Above 3%
Residential building material price growth accelerated in February after slowing a month prior, according to the latest Producer Price Index release from the Bureau of Labor Statistics (BLS). The Producer Price Index for final demand increased 0.7% in February, a …
Read More »U.S. Economy Adds 130,000 Jobs in January
The U.S. economy added 130,000 jobs in January and the unemployment rate changed little at 4.3%, according to the U.S. Bureau of Labor Statistics. The unemployment rate and the number of unemployed people saw little change in January, but were …
Read More »Job Growth Slows Significantly in December
The U.S. economy added 50,000 jobs in December and the unemployment rate was reported at 4.4% for the month, marking little change from the previous month, according to the U.S. Bureau of Labor Statistics (BLS). Overall, 584,000 jobs were added …
Read More »Construction Job Openings Rise Despite Overall Market Slowdown
The number of open, unfilled positions in the construction industry increased in November, according to the delayed Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). As the labor market weakened at the end of 2025, the number …
Read More »Women’s Labor Force Participation Steadily Grows, but Gaps Persist
According to the March 2025 Employment Situation Summary from the Bureau of Labor Statistics (BLS), the women’s labor force participation rate remained steady at 57.5% with women now representing almost half (47%) of the total U.S. labor force. Prime-aged women, …
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