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Job growth surged in December

from Eye On Housing

At the end of 2018, job growth surged. Total employment increased by 312,000 in December and the unemployment rate rose to 3.9 percent; however, this increase was good news because it was generated by growth in the labor force. Residential construction employment increased by 1,700 in December. The total construction industry (residential and nonresidential) added 280,000 jobs in 2018, more than the gain of 250,000 jobs in 2017. more


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