Construction | AEIdeas

Tuesday, May 21, 2013

Lots of good news in February’s jobs report, but we still have a long way to go

Michael R. Strain | March 8, 2013, 12:56 pm

Today’s jobs report presented good news about the US labor market. The unemployment rate dropped to 7.7%, the lowest it’s been in over four years. Averaging payroll gains over the last three months shows the economy adding jobs at a … read more >

Image Credit: AKZO photo (Flickr) (CC BY 2.0)

Carpe Diem

Energy, construction, manufacturing, temps lead job growth

Mark J. Perry | March 8, 2013, 10:42 am

From today’s Employment Report from the BLS: 1. Employment in temporary help services grew by 16,100 jobs in February, bringing the total number of temporary and contract workers to 2.58 million last month, the highest level since August 2007 (see blue line in chart above). … read more >

Carpe Diem

Housing recovery: Construction employment is increasing by more than 1,000 new jobs every day

Mark J. Perry | March 6, 2013, 11:37 am

From today’s ADP National Employment Report (historical data here): Construction employment increased by 21,000 jobs in February, following gains of 24,000 in January, 37,000 in December, 29,000 in November, and 23,000 in October. Over the last six months, the construction sector has added … read more >

Carpe Diem

From today’s employment report: Manufacturing, housing and energy sectors all show job gains in December

Mark J. Perry | January 4, 2013, 9:57 am

From today’s Employment Situation report from the BLS: 1. Manufacturing employment increased by 34,000 jobs in December, bringing the total increase in factory payrolls for the year to 180,000. The 180,000 gain in factory jobs last year follows previous annual … read more >

Carpe Diem

Building permits and housing starts in October were highest since 2007, with huge gains of 30% and 42% vs. last year

Mark J. Perry | November 20, 2012, 10:56 am

The Census Bureau released its monthly report today on new residential construction, here are some highlights for the month of October: 1. There were 866,000 building permits issued in October (seasonally adjusted annual rate), which was 29.8% above last year, … read more >

Carpe Diem

More evidence of a 2012 housing recovery: Home builders don’t have enough workers to meet new demand

Mark J. Perry | September 7, 2012, 2:16 pm

CNBC’s Diana Olick reports that: After losing 70 percent of their business in the housing crash, the nation’s home builders are breaking ground again. New orders for homes are rebounding strongly, and housing starts have shown sustained growth over the … read more >

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