Capitol Update 5/16/2022
PPI for final demand advances 0.5% in April; goods rise 1.3%, services are unchanged The Producer Price Index for final demand increased 0.5 percent in April. Prices for final demand goods advanced 1.3 percent, and the index for final demand services was unchanged. Final demand … read more
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Capitol Update 5/06/2022
Payroll employment increases by 428,000 in April; unemployment rate unchanged at 3.6% Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in … read more
Capitol Update 5/02/2022
Report: Construction workers on the front lines of climate change risks A new California legislative analysis suggests climate change poses a particular risk to employees who cannot avoid outdoor exposure, including construction workers, and that the risk is increasing. It says that construction workers face … read more
Capitol Update 4/25/22
AGC: Construction worker shortage persists The US construction industry is experiencing a worker shortage even though construction employment in March rose above pre-pandemic levels in 32 states. “Contractors have been adding workers as fast as they can find them,” said Ken Simonson, chief economist at … read more