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 …
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Construction Sector Leads Job Growth in March
The U.S. labor market saw modest growth in March following a weak February, with a slight increase in payroll employment and a decrease in the unemployment rate to 4.3%, according to the National Association of Homebuilders. Construction employment led job …
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 »U.S. Economy Adds 139,000 Jobs in May
Job growth in the U.S. moderated in May despite ongoing economic and policy uncertainty, with the unemployment rate remaining at 4.2%, according to an analysis by the National Association of Home Builder’s (NAHB) Eye on Housing. Over the past 12 …
Read More »U.S. Job Market Solid in April
According to the U.S. Labor Department, 177,000 jobs were added by U.S. employers in April. The unemployment rate in April remained unchanged at 4.2%. These numbers indicate that the U.S. labor market remains in good condition. The solid labor market …
Read More »Do it Best Hires New Director of Business Development
Do it Best has hired Chris Okapal as the co-op’s new director of business development. With a proven 25-year track record in the consumer goods industry, Okapal brings a wealth of experience in developing and executing high-impact sales strategies that …
Read More »U.S. Adds 216,000 Jobs, Unemployment Stays Steady
Total payroll employment increased by 216,000 in December, according to the U.S. Bureau of Labor Statistics (BLS). Unemployment rates also remained unchanged at 3.7% and 0.2 points higher than the same point in 2022. December brought on 17,000 more jobs …
Read More »3 Takeaways From the May Jobs Report
According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …
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