Employmenty

Employmenty

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Construction employment was flat in November. Job gains in general build-
ing contractors were offset by losses in heavy construction. Construction
industry employment has shown no net growth since spring of this year.

Employment in the services industry rose by 50,000 in November. Health
services added 27,000 jobs, with hospitals accounting for about half of
this increase. Over the past 12 months, employment in the health services
industry has risen by 278,000. In November, employment also rose in several
other services industries, including engineering and management, agricultural
services, and auto repair and parking services. Employment in help supply
services decreased by 23,000 in November; this followed declines that totaled
65,000 in the prior 2 months. The industry had added 167,000 jobs from Feb-
ruary to August.

In finance, employment continued to increase in mortgage brokerages
(5,000) as refinancing activity maintained a healthy pace. Employment
in mortgage brokerages has grown by 106,000 since its low point in
January 2001.

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