Employment Fell by 20.5M in April, Unemployment Rose to 14.7%
Washington, DC, May 8, 2020-Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7%, the U.S. Bureau of Labor Statistics reports.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Emily Morrow Home Launches Design-Love ProGram for A&D
Dalton, GA, May 8, 2020—Emily Morrow Home has announced the launch of the company’s new Design-Love ProGram.
AFI Reports Q1 Sales Decline of 2.1% on Reduced Losses
Lancaster, PA, May 7, 2020-Armstrong Flooring reported Q1 2020 net sales of $138.7 million, a 2.1% decline year over year.
ADP Shows Sectors Most Impacted by April's 20M Job Losses
Washington, DC, May 7, 2020-On May 6, ADP reported that private sector employment decreased by 20,236,000 jobs from March to April.
Cersaie 2020 Italian Tile Expo Postponed Until November
Sassuolo, IT, May 7, 2020-Cersaie 2020 is being moved to new dates and will adopt a safer, more engaging and more international exhibition format.
Productivity Decreased 2.5% in Q1
Washington, DC, May 7, 2020—Nonfarm business sector labor productivity decreased 2.5% in the first quarter of 2020, the U.S. Bureau of Labor Statistics reported, as output decreased 6.2% and hours worked decreased 3.8%.
Pew Poll Shows Americans' Perception of China Shifting in Pandemic
Washington, DC, May 7, 2020-Tensions between the U.S. and China are rising as a result of the COVID-19 pandemic, reports the Wall Street Journal in an article called “Coronavirus Casts Deep Chill Over U.S.-China Relations.”
Mortgage Applications Increase for Third Straight Week
Washington, DC, May 7, 2020—Mortgage applications increased 0.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 1, 2020.
Carpet Logistics Trucking Firm Delivering Goods to Food Banks
Stevensville, MD, May 7, 2020-Commercial Carpet Logistics (CCL), a Maryland trucking company that services the flooring industry, is volunteering its trucks and drivers to deliver truckloads of food to city food banks while they have the capacity available as they wait for the floorcovering industry to recover from the COVID-19 global pandemic.
Private Sector Employment Declined by 20M Jobs in April
Roseland, NJ, May 6, 2020—Private sector employment decreased by 20,236,000 jobs from March to April, according to the April ADP National Employment Report.