Labor Productivity Rose 0.3% in Q1
Washington, DC, March 2, 2024—Nonfarm business sector labor productivity increased 0.3% in Q1 2024, the U.S. Bureau of Labor Statistics reported, as output increased 1.3% and hours worked increased 1.0%.
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Construction Industry Job Openings Declined to 274K in March
Washington, DC, May 2, 2024—The construction industry had 274,000 job openings on the last day of March, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Initial Jobless Claims Flat in Week Ending April 27
Washington, DC, March 2, 2024—In the week ending April 27, the advance figure for seasonally adjusted initial claims was 208,000, unchanged from the previous week's revised level, according to the Department of Labor.
AFS Group Acquires Chicago's Lewis Floor & Home
Columbus, OH, May 1, 2024—AFS Group has acquired the assets and intellectual property of Lewis Floor & Home.
Construction Spending Inched Down 0.2% in March
Washington, DC, May 1, 2024—Construction spending during March 2024 was estimated at a seasonally adjusted annual rate of $2,083.9 billion, 0.2% below the revised February estimate of $2,087.8 billion, according to the Department of Labor.
ISM Purchasing Managers' Index Declined to 49.2% in April
Tempe, AZ, May 1, 2024—The Manufacturing Purchasing Managers’ Index (PMI) registered 49.2% in April, down 1.1 percentage points from the 50.3% recorded in March, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Cali's Jackson Finalist for Entrepreneur Of The Year Pacific SW
Encinitas, CA, May 1, 2024-Ernst & Young has named Doug Jackson, president and CEO of Cali as an Entrepreneur Of The Year 2024 Pacific Southwest Award finalist.
NTCA Announces May 2024 Workshop Schedule
Jackson, MS, May 1, 2024-The National Tile Contractors Association (NTCA) has announced its May tour across 13 states, delivering an extensive lineup of standards-based educational workshops and regional trainings to industry professionals.
Job Openings Flat at 8.5M in March
Washington, DC, May 1, 2024-The number of job openings changed little at 8.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported.
Private Sector Employment Rose by 192,000 Jobs in April
Roseland, NJ, May 1, 2024—Private sector employment increased by 192,000 jobs in April, and annual pay was up 5.0% year-over-year, according to the April ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.