Items Tagged with 'BLS'

Layoffs increased this month, suggesting a weakening market, says ABC economist.

Layoffs reached lowest number in April since 2022, with labor availability "unlikely to improve in the short term," said ABC economist. 

Prices for energy, steel lead increases overall, threatening the stability of contractors' project pipelines. 

Despite a small increase in hiring, the job market for construction workers remains "subdued," says ABC chief economist Anirban Basu.

Despite soaring prices, construction backlog grew in March. 

Uncertainty continues as job openings fall, material prices rise.

The slowdown in hiring is expected to continue in the near future, according to an Associated Builders and Contractors analysis.

As the price of oil rises, construction materials costs are expected to continue to climb.

The majority of new construction jobs were in the non-residential sector, which added 27,900 positions.

Forty-four states saw their unemployment numbers rise in December, when compared to November numbers.