Employment in construction increased by 39,000 in March, following an upwardly revised gain of 26,000 in February, the Census Bureau and NAHB reported.
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US Nonfarm Payroll Increases by 303,000 in March; Unemployment Declines to 3.8%
Nonfarm payroll employment increased by 303,000 in March, above the average monthly gain of 231,000 over the prior 12 months.
Canadian Employment Holds Steady in March; Unemployment Moves Higher
Employment was virtually unchanged in March. The unemployment rate increased 0.3 percentage point to 6.1%.
30-Year Fixed-Rate Mortgages Inch Higher in the Week Ending April 4th
The 30-year fixed-rate mortgage averaged 6.82%, up from last week when it averaged 6.79%, Freddie Mac reported.
US Weekly Jobless Claims Increase in the Week Ending March 30th
The advance figure for seasonally adjusted initial unemployment claims was 221,000, an increase of 9,000.
Private Sector Job Cuts Continue to Climb Higher in March
US-based employers announced 90,309 job cuts in March, up 7% from the 84,638 cuts announced in February, Challenger, Gray & Christmas, Inc. reported.
Mortgage Applications Retreat for Fourth Consecutive Week in the Week Ending March 29th
Mortgage loan application volume declined 0.6% on a seasonally adjusted basis from one week earlier, the MBA reported.
ADP® Reports Private Sector Employment and Compensation Gains in March
Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1% year-over-year, ADP reported.
Nonresidential Construction Spending Declines in February
US nonresidential construction spending declined for the second consecutive month in February, falling 0.1%, the Associated Builders and Contractors reported.
Construction Sector Employment Trends Higher in February
The construction labor market experienced a modest increase in job openings in February, the BLS and NAHB reported.