Home Contractor Employment Flourishes as U.S. Sales Rise: Chart
(Bloomberg) -- The steady rise in U.S. home sales is translating into big-time hiring in residential specialty trade contracting. In May, another 5,100 jobs were added, marking the ninth month in the last 10 of employment gains in the sector, according to latest jobs report from the Labor Department on Friday. Over the last six years, the economy added a half million home contractor jobs -- a 32 percent increase from the end of 2011 that dwarfs the 12 percent advance in total private employment.
To contact the reporter on this story: Vince Golle in Washington at vgolle@bloomberg.net.
To contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net, Sophie Caronello
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