November 11, 2022

-from PROBUILDER-

The Labor Market Slowed in October, but Construction Employment Remains Strong

The unemployment rate posted a small gain in October, but the residential construction sector continued to add new jobs 

Job growth slowed in October as the Fed continued to tighten its monetary policy in an ongoing effort to fight runaway inflation, but according to NAHB Eye on Housing, the labor market remains tight. The unemployment rate rose by 0.2 percentage points to 3.7% in October, and total nonfarm payroll employment increased by 261,000, its smallest monthly gain in nearly two years.

Read The Full Article

FREE Resource Available: Redeem Your Business Diagnostic & Plan of Actions (BPA) From Small Business Growth Partners

Business Growth Partners specializes in helping builders, remodelers and associate members grow, systemize and streamline their businesses and, in the process, help them increase their bottom line. They work only with builders association members – they do not work with the general public. Their Business Diagnostic Plan of Action (BPA) Creation Process requires you to invest a few hours of your time over the course of a few weeks as Growth Partners does their analysis to create and deliver your BPA. Your BPA/Strategic Plan will be provided to you at the end of this process and will include a “de-brief” where they identify and explain their findings to help you get the most out of your business. Once the team at Growth Partners delivers your BPA, you may be eligible for additional coaching services.

Remember, as a benefit of membership, the Member News and Member Marketplace are available to you!

Please send in your submissions (and photos) by Wednesday every week to andreja@harrisburgbuilders.com