Sustained Hiring and Strong Starts Growth Lift Construction Industry
The wicked winter weather seen across most of the U.S. in February apparently did little to dampen hiring since U.S. employers added a better-than-expected 295,000 jobs over the month.
Labor market gains were fairly broad based with increases in food services, professional and business services, construction, health care, and transportation, according to Dodge Data and Analytics (DDA), formerly called McGraw Hill Construction. There were no revisions to December’s gain of 329,000 workers, although January’s increase of 257,000 was lowered to 239,000.