Articles Tagged with ''BLS''

Analysts largely attribute year-over-year increase to impact of tariffs.

Projects delayed and canceled due to lack of federal funding is effecting employment in the industry, says AGC. 

BLS reported the major increase—after three consecutive months of decline that included 7,000 fewer positions in August. Will contractors keep hiring?

With federal data frozen by the shutdown, new industry reports reveal steady growth in design services but rising financial and labor pressures.

The number of job openings in construction is down 38.2% year over year, according to BLS data.

Increase in job openings can be attributed immigration policy changes, while economic uncertainty may have brought the number of workers quitting jobs to a longtime low. 

E. J. Antoni, now a Heritage Foundation economist, has suggested the Bureau of Labor Statistics temporarily stop issuing monthly jobs reports, a key economic indicator for project owners.

July’s payrolls grew by a meager 73,000, falling short of expectations; May and June numbers were each revised downward, while earnings remained flat.

BLS reported construction input costs fell 1.6%, while looming tariffs and rate uncertainty pressures project budgets.