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Construction Adds 28,000 Jobs in January, But Unemployment Increases to 16.1 Percent

2013-02-01 06:00:00| Industrial Newsroom - All News for Today

According to Feb 1 employment report by U.S. Department of Labor, construction industry unemployment rate shot up to 16.1% in January, despite addition of 28,000 jobs. Rate marks increase from 13.5% in December 2012, but decrease from 17.7% same time last year. Year over year, construction employment has risen by 102,000 jobs, or 1.8%. According to ABC Chief Economist Anirban Basu, winter months are notoriously seasonal and subject to construction employment fluctuation based on weather ...This story is related to the following:Trade Associations

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Construction Week: 2012 Construction Starts Finish Ahead of 2011's Total; Unemployment Rates Ease

2013-01-30 18:47:14| ENR.com: Headline News

2012 Construction starts up over 2011; DOE mismanaged $700-million technology program, says IG

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VIDEO: UK unemployment falls to 2.49m

2013-01-23 16:12:00| BBC News | Business | UK Edition

The number of jobless people fell by 37,000 between September and November to 2.49 million, official figures show.

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Greece unemployment hits EU high

2013-01-10 13:09:01| BBC News | Business | UK Edition

The latest unemployment rate for Greece rises to 26.8%, the highest figure recorded in the European Union.

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VIDEO: Eurozone unemployment at new high

2013-01-08 21:40:36| BBC News | Business | UK Edition

The unemployment rate across the eurozone hit a new all-time high of 11.8% in November, official figures have shown.

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