Manufacturing, construction job gains
January construction employment increased by 28,000, the U.S. Bureau of Labor Statistics reported today, while manufacturers added 4,000 jobs.
Total nonfarm payroll employment increased by 157,000 in January, and the unemployment rate rose slightly to 7.9 percent.
Nearly all of the job growth occurred in specialty trade contractors (+26,000), with the gain about equally split between residential and nonresidential specialty trade contractors. Since reaching a low in January 2011, construction employment has grown by 296,000, with one-third of the gain occurring in the last four months. However, the January 2013 level of construction employment remained about 2 million below its previous peak level in April 2006.
Mining employment increased (+6,000) over the month; employment in this industry has risen by 23,000 over the past 3 months.
Employment edged down in transportation and warehousing in January (-14,000).
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
