The House late last night passed the $1.2 trillion bipartisan infrastructure bill approved by the Senate and President Biden will sign the measure into law shortly. The vote was 228-2-6, with 13 Republicans joining a majority of Democrats to get the measure across the finish line. Six Democrats voted against it.
Job gains picked up in October after two consecutive months of a slowdown. Total payroll employment rose by 531,000 and the unemployment rate dropped to 4.6% in October. Construction industry employment (both residential and non-residential) totaled 7.5 million, with 44,000 construction jobs added in October. Both residential construction (+10,900) and non-residential construction (+33,000) had job gains for the month. Residential… Read More ›
