January was a banner month for job creation, our third best month in the last five years, but the overall broad performance of construction over the last decade is an important trend. It continues to ...
Jobs & Labor
Two Important Lessons from Job Creation in 2019
December 2019 job creation was 145,000The unemployment rate remained unchanged at a very low 3.5%Construction employment's share of total employment ticked up to Source: Bureau of Labor ...
A Powerful Close to 2019
This was a reassuring close to a year of reassuring jobs numbers. This was also our final major gut-check before the full swing of the holiday shopping season, and these numbers should be viewed as a ...
The September Employment Situation – Fall Fear Relieved
A bad string of manufacturing numbers reignited recessionary fears this week, but the growth of 136,000 jobs in September this morning serves as a timely reminder that a recession is not a foregone ...
Jobs and Interest Rate Cuts
This morning underscored why we saw two dissenting voices at the Fed meeting on Wednesday; no matter which way you look at it – employment numbers, unemployment rate, wage growth – the labor market ...
March 2019 – Nationwide Job Numbers, A Dream for Spring
Independent of the ongoing debate about whether the Fed overreached on the pace of their interest rate increases, this morning’s March employment numbers are a great bump heading into the spring. The ...