Industry also added 19,000 jobs during the month, Labor Dept. reports
Engineering News Record | By Tom Ichniowski
December 2, 2016
Construction’s November unemployment rate held steady with the previous month’s mark and continued its six-year string of declines from year-earlier levels, the Labor Dept. has reported.
The industry also added 19,000 jobs during in November, the department’s Bureau of Labor Statistics said in its latest monthly employment report, released on Dec. 2.
BLS said that construction’s jobless rate for November was 5.7%, the same as October’s, and down from November 2015’s 6.2%.
The industry’s rate has shown year-over-year-improvement every month since September 2000. BLS rates aren’t adjusted for seasonal variations.
Construction’s November job gains came in nearly all sectors. Residential specialty trade contractors led the way, with an increase of 14,700. Residential building picked up 4,900. Nonresidential construction added 1,100.