Bureau of Labor Statistics
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
Architecture Firms Close Out 2025 With Billings in Decline for 12th Consecutive Month
The AIA/Deltek Architecture Billings Index registered 48.5 in December as project delays, stalled work, and cancellations weigh on the industry heading into 2026....
Data Center Construction Boom Fuels Surge in Temporary Worker Camps Across Rural America
As AI infrastructure pushes into remote regions of Texas and Louisiana, housing thousands of construction workers has become one of the industry’s most...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets
Mortenson’s latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...
Seattle Nonresidential Construction Costs Post Smallest Quarterly Gain Nationally at 0.3 Percent in Q4 2025
Competitive bidding, reduced activity in office and healthcare, and steady labor supply kept cost escalation at the low end of Mortenson’s eight-market index ...
AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
March Rate Cut Unlikely as Labor Market Stabilizes, Wells Fargo Sees 2 More Cuts in 2026
Solid consumer spending, 70K average monthly payroll growth and core PCE easing to 2.6 percent by Q4 shape updated U.S. outlook After a...
Immigration Slowdown Hits West Coast Economy Hard as Net Migration Turns Negative
Brookings analysis finds first negative migration in 50 years threatens labor force growth and consumer spending across key Western states The United States...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Labor Market Treads Water as Job Openings Fall to 7.1 Million
The U.S. labor market showed continued signs of cooling in November, with job openings declining and workers increasingly reluctant to leave their positions,...
November Inflation Data Raises Questions Amid Government Shutdown Disruptions: CPI Falls to 2.7%
Data collection issues follow longest government shutdown, casting doubt on sharp slowdown to multi-year lows The latest consumer price data presents an unusual...
