Article source: ConstructConnect
So far, minimally deterred by the Federal Reserve’s interest rate hikes, the unemployment rate in the U.S. has stayed near rock bottom. Seasonally adjusted (SA), it’s been less than 4.0% for 15 months in a row, indicative of a labor market that’s about as tight as it has ever been.
In the 15 graphics that follow, the historical figures on employment are presented in charts and analyzed in accompanying text boxes for 30 key sectors in the economy.
There are many instances of astonishing growth in the number of jobs. There are also cases where employment has languished and can draw on few reserves of adrenaline.
In many of the graphs, deep crevices appear in the number of jobs at the outset of the coronavirus pandemic. What’s interesting is the degree to which recovery has occurred.
