Finding Meaning and Purpose in Today’s Work Landscape

Employees desire meaningful work, but not every worker finds purpose within their professions. What can employers do to help curate purpose?

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The strikes in the auto industry impacted job growth this month, as the labor market added 150,000 jobs and the unemployment rate ticked up to 3.9%.

Industries: Discover industry-specific insights and the state of hiring in these main sectors.

We have expanded our reporting to cover Canada and the UK.

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Recruitonomics is a hub for data-driven research that aims to make sense of our evolving world of work.

Housing Demand Slows, but Construction Employment Steady

Author: Liz Anderson
24 Oct 22

The labor market is resilient, and the construction sector is showing particular strength.

Rising mortgage rates are impacting the housing market: home sales fell for an eighth consecutive month in September, now down 23.8% from the year before. Housing starts also slowed, falling 8.1% from August. The Federal Reserve has taken a bite out of housing demand. Yet, the construction labor market is holding strong. The sector added 19,000 jobs in September, defying the slowing residential demand. These gains are an impressive example of the resilience of the labor market. 

Data analyst Sam Kuhn breaks down the trends to watch in the construction sector: 

Download the Recruitonomics Construction Labor Market Snapshot for more insights on the latest trends. 

Economics Writer

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