SBE News

Capitol Update 5/20/2024

Safety Week to highlight fall prevention Fall prevention is the theme for this year’s Construction Safety Week, with more than 70 major contractors taking part in the US and Canada. Related materials will be distributed daily, and many participating companies will join OSHA’s fall safety … read more

Capitol Update 4/19/2024

March jobless rates down in 6 states, up in 1; payroll jobs up in 5 states In March, unemployment rates were lower in 6 states, higher in 1 state, and stable in 43 states and the District of Columbia. Nonfarm payroll employment increased in 5 … read more

Capitol Update 4/12/2024

Inflation rise in March dims rate cut hopes Stubborn inflation persisted into March with a 3.5% rise in consumer prices, dampening expectations for a Federal Reserve rate cut as early as June, despite core inflation also exceeding forecasts. Futures markets are now pricing in one … read more

Capitol Update 3/29/24

Baltimore bridge rebuild might take up to 15 years The Biden administration has committed full federal funding to rebuild Baltimore’s Francis Scott Key Bridge, but the project could take anywhere from two to 15 years to complete, according to experts. Rebuilding will require many steps, … read more

Capitol Update 3/22/24

California’s unemployment rate is the highest in the nation. Slower job growth is to blameSACRAMENTO, Calif. (AP) — California’s unemployment rate is now the highest in the country, reaching 5.3% in February following new data that revealed job growth in the nation’s most populous state … read more