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unemployment

Canada Unemployment Rate Rises

Canada - The Canadian unemployment rate jumped to 5.2% in May 2023, after holding at 5% for the previous five months, above market expectations of 5.1% to represent the first monthly increase in the unemployment rate since August 2022. The figures revealed that the Canadian labor market is now yielding to the Bank of Canada's increased interest
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Employment & Job Indicators Released – AEC & Manufacturing Carry Job Gains

United States Of America - The unemployment rate fell to 3.5 percent in July, with 5.7 million people out of work. Total nonfarm payroll employment rose by 528,000. In July, the number of long-term unemployed dropped to 1.2 million, which is 129,000 fewer than it was in February 2020. There were 791,000 temporary layoffs in July, unchanged
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Jobs Data – October 21, 2021

Washington, D.C. - Jobs data released today show the number of Americans filing new unemployment claims fell to 290,000 in the week ending October 16th, the lowest level since March 2020 and below market expectations of 300,000, as employers retain workers amid a severe labor shortage. Still, the number of new filings remains significantly
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EVALUATED CORONAVIRUS STATISTICS ON CONSTRUCTION PAYROLLS SHOW UNIQUE PATTERNS

Alongside the destructive economic impact the coronavirus has manifested throughout the year, uncertainty in regards to the construction industry still reigns prominent. Business operations and functions now fluctuate to a distinguishable degree throughout the United States. We go into the statistics released today from the U.S. Bureau of Labor
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ALERT: Unemployment rate ticks down to 6.7%. Construction gains payrolls. Still in the ring.

ALERT: Construction remains in the ring regardless of Corona shutdowns as unemployment ticks down to 6.7%. Construction gained 27,000 jobs in November but still shy of its 279,000 February level. Residential specialty trade contractors added 14,000 jobs while heavy and civil engineering saw an additional 10,000 jobs. Signs point to
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