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Tag Archives: BLS

Construction Job Openings On the Rise

Job openings—and construction jobs, in particular—are up, and so are hires. So why did one expert call today's job report a "disappointment?"

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Job Report Paints Mixed Housing Picture

The industry may be experiencing some déjà vu from the average monthly job gains for July through September from the same period last year as the latest BLS Employment Summary contains news that is both positive and negative for the housing market.

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Stellar October Jobs Report Sets Stage for December Rate Liftoff

“As disappointing as last month’s jobs report was, this one more than makes up for it,” said Curt Long, Chief Economist of the National Associations of Federal Credit Unions (NAFCU). “Job gains surged past analysts’ expectations, while the unemployment rate dropped even as 300,000 workers joined the labor force. Meanwhile, year-over-year wage growth hit its highest mark since mid-2009. Barring catastrophe, everything looks set for the Fed to raise rates in December.”

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Unemployment Down to 6.1% as June Payrolls Jump

According to numbers from the Labor Department, employers added 288,000 jobs last month, soaring above economists' consensus forecast of 211,000 new jobs. Meanwhile, payroll additions for April and May were revised up to 304,000 and 224,000, respectively, bringing gains in those months up 29,000 higher than previously reported.

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