Employment Situation Report Shows Gains in Manufacturing, Construction Jobs

The Bureau of Labor Statistics’ (BLS’s) July Employment Situation Report showed large hiring gains in both the construction and manufacturing industries.

The manufacturing industry added 37,000 jobs in July bringing its 12-month total to 327,000, according to the report.  Construction also saw an increase, with 19,000 jobs added last month.  Other similar industries, like mining and transportation, saw little to no change.  You can read the full report here.

Related: Learn more about PetroChoice’s products and services for the construction industry

Gains in construction and manufacturing have driven a decrease in the unemployment rate, down 0.1 percent to 3.9 percent for the month.  This comes two months after employment had dropped to 3.8 percent, the lowest it had been since April of 2000.

Posted on August 15, 2018 at 1:04 pm

Categories: News

2021 ILMA Member

Copyright © 2024 PetroChoice. All Rights Reserved. | Sitemap