Here's where the jobs are — in one chart

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

CNBC studied the net changes by industry for February jobs based on the data from the Labor Department.

div > div.group > p:first-child"> Professional and business services added to a hot streak of strong employment gains, but big losses in the construction industry threw cold water on the February jobs report, the worst month for job growth since September 2017.

The construction industry posted a net loss of 31,000 jobs in February, with declines of 13,000 jobs in both civil engineering and specialty trade contractors. Building construction also posted minor losses as economists theorized that poor winter weather could have contributed to the jobs shortfall.

"The best we can guess it probably has something to do with weather," said Brian Turmail, a spokesman for the Associated General Contractors of America.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MAGA !!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dollar Tree to close up to 390 Family Dollar stores, reports $2.3 billion lossDiscount retailer Dollar Tree plans to close 390 Family Dollar stores this year while renovating 1,000 other locations, the company said in releasing its earnings report Wednesday that showed a $2.3 billion loss for the fiscal fourth quarter. Just so much winning... In a world where some cities ONLY HAVE Dollar Stores because of the 1% Tells you something about this economy?
Source: NBCNews - 🏆 10. / 86 Read more »