Tag: jobs: Page 17

Workforce

Economists forecast housing-fueled construction job growth

Goldman Sachs economists recently forecasted a housing recovery-fueled increase to the pace of added jobs each month to between 25,000 and 30,000, CNBC reported. In 2012 that pace averaged out at 14,000 per month. Due to the 1.5 million jobs lost in residential construction between 2006 and 2011, the economists warn that even with the […]

February 20, 2013

Business

Caterpillar CEO: Growth, immigration and tax code reforms key to job creation in U.S.

After receiving a mention during President Barack Obama’s State of the Union address, Caterpillar’s CEO Doug Olberhelman was invited to share his thoughts on the U.S. economy and job creation on CNBC’s Squawk Box. Olberhelman said he was “surprised” but “happy” to hear Obama’s kudos for bringing jobs back into the country from Japan. And […]

February 14, 2013

Equipment

Opinion: Carbon tax bill would hurt job growth

That was fast. The pundits hadn’t even stopped pontificating on President Obama’s State of the Union speech when it was announced that Senators Bernie Sanders of Vermont and Barbara Boxer of California will introduce legislation designed to tax carbon dioxide emissions tomorrow. (During his address Tuesday night, Obama challenged Congress to act and do more […]

February 13, 2013

Business

Obama stresses importance of construction, infrastructure, skilled labor in State of the Union

In his State of the Union address Tuesday night, President Barack Obama stressed the great importance of construction, housing, infrastructure, manufacturing and energy in creating new jobs and aiding the ongoing recovery of the American economy. Obama spent several minutes of the address discussing the sad state of the country’s infrastructure, which he said is […]

February 12, 2013

Home

Construction employment increases in 139 out of 337 metro areas in December

Construction employment increased in 139 out of 337 metropolitan areas, declined in 131 and was stagnant in 65 between December 2011 and December 2012, according to the Associated General Contractors of America’s analysis of federal employment data. An increase in private sector demand — particularly in energy, health care, higher education and residential construction — […]

January 29, 2013

Business

Economist forecasts construction to add 140k jobs in 2013

Piggybacking off of news earlier this month that the construction industry added 30,000 jobs in December, a report from the Associated Press cites a forecast that projects the industry adding 140,000 jobs in 2013. Patrick Newport, an economist at IHS Global Insight, made the projection, noting what a massive improvement it would be over 2012 […]

January 29, 2013

Workforce

U.S. jobless claims fall to five-year low

The number of initial jobless claims in the United States fell to a five-year low in mid-January, a sign of an improving labor market, the Wall Street Journal reported. The week ending January 19, initial jobless claims decreased by 5,000 to a seasonally, adjusted 330,000—the lowest it’s been since January 2008. The four-week moving average […]

January 25, 2013

Business

Vermeer names Jason Andringa and Doug Hundt presidents

Vermeer recently announced two new division presidents. Jason Andringa was named President of the Forage and Environmental Solutions division and Doug Hundt was named President of the Underground and Specialty Excavation Solutions unit. Andringa and Hundt will co-chair Vermeer’s executive team and report to CEO Mary Andringa. Meanwhile, Tony Briggs was named Vice President of […]

January 22, 2013

Business

AGC forecast promises mixed outlook for 2013 U.S. construction

2013 should be a better year than 2012 for construction firms, but not necessarily a great one, said Ken Simonson, chief economist for the Associated General Contractors of America, in a conference call detailing the results of the association’s forecast on construction hiring and business. There are bright spots in certain sectors, said CEO Stephen […]

January 14, 2013

Business

Construction employment declines in 151 metro areas between Nov. 2011 and Nov. 2012

The latest examination of construction employment in U.S. metro areas is out from the Associated General Contractors of America. After analyzing federal employment figures, the AGC found that construction employment declined in 151 out of 337 metropolitan areas between November 2011 and November 2012. Hiring was stagnant in 60 of those areas while 126 saw […]

January 9, 2013

Business

Construction job growth means hope for U.S. economy

A new report from the Washington Post calls the construction industry one of the “bright spots” in the recovering labor market, noting that the industry’s addition of 30,000 jobs in December accounted for one-fifth of all jobs added in the U.S. that month. The Post makes mention of the labor shortage that construction faces. Noting […]

January 7, 2013

Workforce

Construction adds 30k jobs in December

Preliminary figures from the U.S. Labor Department show that the construction industry added 30,000 jobs in the month of December. That’s the highest gain for the industry since September 2011 and makes for nearly 1/5 of all jobs added in the country during December. In all, construction companies employ 5.564 million Americans as of December. […]

January 4, 2013