Factory and construction jobs fell during January
The nation's factories and construction sites both shed jobs in January after showing employment increases for eight consecutive months.
Manufacturing employment fell by 10,000 jobs during the month. Within the industry, durable goods lost 17,000 jobs in January, while nondurable goods manufacturers added 7,000 jobs. Employment in manufacturing is up by 803,000 since last April but is 582,000 lower than in February of last year.
Construction employment lost 3,000 jobs in the month. Overall employment in the industry is down by 256,000 since February 2020.
The nation's unemployment rate fell by 0.4 percentage point to 6.3 percent in January, as employers added 49,000 jobs.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
