AGC's Data DIGest: December 1-4, 2015
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Construction employment in November, spending in October climb briskly
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Nonfarm payroll employment increased by 211,000 in November, seasonally adjusted, and by 2,637,000 (1.9%) year-over-year (y/y), while the unemployment rate held steady at a 7-1/2 year low of 5.0%, the Bureau of Labor Statistics (BLS) reported Friday. Construction employment rose by 46,000 for the month (to 6,490,000) and by 259,000 (4.2%) over 12 months. The employment level was the highest since January 2009. The number of unemployed jobseekers who last worked in construction decreased from 629,000 in November 2014 to 536,000 in November 2015, the lowest November total since 2000. [node:read-more:link]