Unemployment rate little changed at 7.3%
Nonfarm payroll employment increased by 169,000 in August, according to data released Friday morning by the Bureau of Labor Statistics.
The nation’s unemployment rate was 7.3%, compared to 7.4% in the previous month. The employment-population ratio held at 58.6%, essentially unchanged.
Employment in the construction industry also showed little or no change in August, according to the bureau.
The full report can be found here.
HIRI event covers Wall Street
Joshua Rosenbaum, managing director of the global industrial group for UBS, will lead an economic discussion at the upcoming Home Improvement Research Institute conference.
His presentation is titled: "A Wall Street View of the Home Improvement Market and Trends."
In it, Rosenbaum will discuss how economic trends have huge implications for the size and makeup of the home improvement industry. The presentation will provide an understanding the hot economic issues and the mood on Main Street and Wall Street.
This year’s HIRI conference is titled "Changing Home Improvement Attitudes & Behaviors" and will be held on Oct. 16 in Chicago.
The Home Improvement Research Institute (HIRI) is a membership-based, independent, nonprofit organization of manufacturers, retailers, wholesalers and allied organizations in the home improvement industry. It is the leader in independent research on the industry. The membership of HIRI currently represents more than 70 of the leading firms in the industry.