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Tag Archives: Construction jobs
Construction Jobs Leading Nonfarm Payrolls
March lumber traded limit up today so we thought it is a good time to update our construction employment chart. Many of the past months were revised up in the latest BLS release and the chart clearly shows the recovery … Continue reading
The Hammering of the U.S. Construction Worker
Tomorrow we get another look at the health of the U.S. labor market. We have posted several pieces about how employment in the construction sector has failed to recover. Ironically, this is the one sector, which historically, has been most … Continue reading
Manufacturing Productivity
Interesting chart from the BLS showing multifactor productivity in the manufacturing industries. Labor input saw huge gains in productivity in the past few years and some believe the sluggish recovery in employment is due to productivity increases. It’s going to … Continue reading
Posted in Economics, Employment
Tagged Construction jobs, employment, Labor Markets, manufacturing, Productivity
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U.S. Employment Situation – May 2012
Just as last month, the weak jobs report really crushed equities today. Note the destruction of construction jobs. This is the one sector most sensitive to interest rates and should be leading the way in job creation with zero interest … Continue reading
Posted in Employment, US Releases
Tagged Construction jobs, non-farm payrolls, U.S. umemployment
3 Comments
The Jobs Recovery By Industry
Tonight we look at the jobs recovery by various industries. After 25 months of expansion in the U.S. labor market, 41 percent of the total amount of jobs lost during Great Recession have been recovered. The private sector has created … Continue reading
Posted in Economics, Employment
Tagged Construction jobs, Jobs Recovery, Manufacturing Jobs
4 Comments
The Tale of Two Recoveries
The Global Macro Monitor is running a series of charts this week analyzing the current jobs recovery. Today we have a couple of background charts looking at the change in monthly nonfarm payroll employment from January 1999 to the most … Continue reading
Posted in Employment
Tagged Construction jobs, government jobs, Manufacturing Jobs, Nonfarm employment
3 Comments
Deconstructing the U.S. Employment Data
Take a look at construction employment. Now you know why the President’s political handlers are so desperate to get the housing market turned around. Normally lower interest rates stimulates the construction and leads the economy out of recession. This time … Continue reading