Inflation rose in May to the highest rate in three months, according to the latest Consumer Price Index released by the Bureau of Labor Statistics. The all items index rose 4.2% for the 12 months ending May, after rising 3.8% …
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U.S. Economy Adds 172,000 Jobs in May
The U.S. economy added 172,000 jobs in May, marking the third straight month of job gains despite rising inflation and continued economic uncertainty, according to the U.S. Bureau of Labor Statistics. The unemployment rate in the month remained unchanged at …
Read More »Construction Job Openings Up Slightly in April
The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …
Read More »U.S. Economy Adds 115,000 Jobs in April, Construction Sector Sees Gains
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 …
Read More »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 …
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