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.
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Source: NBCNews - 🏆 10. / 86 Read more »