Construction Jobs Increase in November - Modern Distribution Management

Log In

Construction Jobs Increase in November

Unemployment rate was unchanged at 5 percent.
Author
Date

Construction employment increased by 46,000 in November, while employment in manufacturing was flat, according to the U.S. Bureau of Labor Statistics. Wholesale trade added 9,100 jobs in November.

Overall, total nonfarm payroll employment increased by 211,000 in November, and the unemployment rate was unchanged at 5 percent.

The rise in construction jobs was primarily due to an increase in residential specialty trade contractors (+26,000). Over the past year, construction employment has grown by 259,000.

Job gains also occurred in professional and technical services (+28,000) and health care (+24,000). Employment also trended up in food services and drinking places (+32,000) and retail trade (+31,000). Jobs in mining (-11,000) continued to decline, and information (-12,000) also lost jobs over the month.

Employment in other major industries, including transportation and warehousing, financial activities and government, changed little over the month.

Average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $25.25. Over the year, average hourly earnings have risen by risen by 2.3 percent. Average hourly earnings of private-sector production and nonsupervisory employees changed little, at $21.19 in November.

Over the year, the unemployment rate and the number of unemployed persons were down by 0.8 percentage point and 1.1 million, respectively.

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.1 million. These individuals accounted for 25.7 percent of the unemployed. 

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.