Posted December 4, 2020

Manufacturing and construction industries report jobs gains

Factories and construction sites continued adding jobs in November, as the nation's employment rose by 245,000 and the unemployment rate fell to 6.7 percent.

Construction gained 27,000 jobs in November, but employment is 279,000 below its February level. In November, employment rose in residential specialty trade contractors (+14,000) and in heavy and civil engineering construction (+10,000).

Manufacturing employment increased by 27,000. Job gains occurred in motor vehicles and parts (+15,000) and in plastics and rubber products (+5,000). Employment in manufacturing was 599,000 lower than in February.

Employment in transportation and warehousing rose by 145,000 in November but is 123,000 below its February level. In November, employment rose by 82,000 in couriers and messengers and by 37,000 in warehousing and storage; since February, employment in these industries has increased by 182,000 and 97,000, respectively. Job growth also occurred over the month in truck transportation (+13,000).

At 6.7 percent, the unemployment rate is down by 8.0 percentage points from its recent high in April but is 3.2 percentage points higher than it was in February.

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