The number of open residential construction sector jobs increased from a revised 205,000 in December to 236,000 in January, the BLS and NAHB reported.
News in end use
MBA Mortgage Credit Availability Index Increases for the Third Consecutive Month in February
The MBA Mortgage Credit Availability Index increased 1.4% to a reading of 100.4 in February.
US Job Openings and Labor Turnover Summary for January
The number and rate of job openings were little changed at 7.7 million and 4.6%, respectively.
NFIB Small Business Optimism Index Retreats Further in February
The NFIB Small Business Optimism Index declined 2.1 points to a reading of 100.7 in February. The Uncertainty Index rose four points to 104, the second highest recorded reading.
Fannie Mae Home Purchase Sentiment Index Slips in February
The Fannie Mae Home Purchase Sentiment Index declined 1.8 points to a reading of 71.6 in February, the first year-over-year decline since 2023.
Investor Purchases of US Homes in Q4 Fall to Lowest Level Since 2016
Real estate investors purchased 47,004 homes in Q4, the lowest level for that time of year since 2016, Redfin reported.
US Residential Construction Employment Rises in February
Employment in the construction sector increased by 19,000 in February, the BLS and NAHB reported. Residential construction gained 12,700 jobs.
US Nonfarm Payroll Increases By 151,000 in February; Unemployment Ticks Up to 4.1%
Total nonfarm payroll employment increased by 151,000 in February, similar to the 143,000 gain reported in January.
Canadian Employment and Unemployment Levels Hold Steady in February
Employment held steady in February, up only 1,100 jobs. This follows three consecutive monthly increases that added 211,000 jobs in November, December, and January.
US Median Asking Rent Increases 0.4% Year-Over-Year in February
The median US asking rent rose 0.4% year-over-year to $1,607 in February, Redfin reported. This is the first increase in six months and the biggest in nine months.