Tag Archives: labor market

Mortgage rates continued to increase in June due to high inflation and a stronger-than-expected labor market, according to the NAHB’s Eye on Housing. The 30-year fixed-rate mortgage averaged 6.49% in June, up 8 basis points (bps) over May. Since the …

The number of open positions in the construction sector increased in May, 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 …

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 …

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 …

The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released the September 2025 Survey of Consumer Expectations, detailing inflation expectations among U.S. households, showing an increase in inflation expectations in short- and long-term outlooks. Median inflation expectations …

While many in the construction and home improvement industries anecdotally feel the pinch of not enough skilled-trade workers, the statistics back up those sentiments. The Associated General Contractors of America conducted a survey in September 2021 that found 89 percent …