Coinciding with the crash of the housing market 3-4 years ago, the total number of jobs lost in the construction industry has been felt the hardest in Arizona, Nevada, and Florida. The Bureau of Labor Statistics has published the following construction job declines for the period of the recession: Arizona 53.2%, Nevada 52.3%, and Florida at [...]
Continue reading...Wednesday, January 20, 2010
Are you unemployed in NJ? You are not the only one. Unemployment rates climbed to a 33 year high of 10.1% in December. This is the first time since October 2006 that the unemployment rate in NJ has been higher than the national average. Total employment fell to 3,910,400 in December, with heavy job [...]
Continue reading...Tuesday, January 19, 2010
The Dupont Company announced on Monday at a press conference that it will expand their Circleville, Ohio operations after receiving $50.7 million in federal tax credits for renewable energy manufacturing efforts and $7 million in cash loans and grants from the state of Ohio. The total cost of the expansion at Circleville will be $175 [...]
Continue reading...Monday, December 28, 2009
That 2009 was a rough year for the job market should come as a surprise to nobody. Not all professions suffered in equal amounts, however. According to the most recent numbers from the Bureau of Labor Statistics, which cover the first three quarters of 2009, the two jobs that took the biggest hit [...]
Continue reading...Thursday, December 10, 2009
According to a report issued by the Bureau of Labor Statistics, the two sectors that will experience the broadest job growth over the next decade are professional and business services and health care. More than half of all new jobs over the next ten years are expected to come in the service industry. [...]
Continue reading...Tuesday, December 8, 2009
DTE Energy is upgrading it’s plant in Monroe, Michigan, investing $900 million in two projects that will bring as many as 900 construction jobs to the region over the next few years. The first project, scheduled to begin in the first quarter of 2010 will add scrubbers to the coal burning plant, cutting sulfur [...]
Continue reading...Monday, November 30, 2009
Las Vegas is one city council vote away from approving the construction of a new City Hall in the downtown area, a plan that supporters claim will create 13,000 jobs by revitalizing the down town district. Las Vegas is currently facing an unemployment rate of over 13% and the construction industry, once the cities [...]
Continue reading...Monday, November 30, 2009
A new solar panel manufacturing plant operated by Greek company HelioSphera is being built at the Philadelphia Naval Yard. Construction of the plant will bring 200 jobs and once online, the plant itself will provide 400 jobs for local residents. The facility will cost $500 million to build and is being subsidized by [...]
Continue reading...Thursday, November 19, 2009
For the first time in almost two and a half years, Massachusetts saw a drop in unemployment last month. The states unemployment rate fell .4% to 8.9% from September’s 9.3%, the highest level since 1975. Although most of the growth came in professional services, the best news came from the construction industry which [...]
Continue reading...Friday, November 6, 2009
The national unemployment rate moved up another .4 percent in October to a 25 year high of 10.2 percent. Employers cut more jobs than forecast, nudging the number up further than had been expected. Construction and manufacturing jobs continue to show the largest declines. The news isn’t all grim, however. The rate of [...]
Continue reading...
Thursday, March 18, 2010
2 Comments