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Surprising Job Growth in February

By March 4, 2022Housing
Job growth accelerated in February with widespread gains across industries. Total nonfarm payroll employment increased by 678,000 in February, and the unemployment rate edged down to 3.8%. Construction industry employment (both residential and non-residential) totaled 7.6 million. Residential construction gained 31,000 jobs, while non-residential construction added 29,400 jobs for the month. Residential construction employment currently exceeds its level in February… Read More ›