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Breaking: Construction Jobless Rate Weakens in November

December 6, 2019

Via: ENR

Construction’s November unemployment rate rose from October’s level and from its year-earlier figure as the industry gained just 1,000 jobs during the month, the federal Bureau of Labor Statistics has reported.

The BLS employment report, released on Dec. 6, showed that construction’s jobless rate climbed to 4.4% last month, from October’s 4.0%. it also increased from the November 2018 mark of 3.9%.

The bureau’s unemployment rates aren’t adjusted for seasonal variations. Construction is subject to seasonal swings in many parts of the country.

The industry added only 1,000 jobs during November, compared with October’s revised level.

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