PRTODAY / NewswireToday Free press release distribution service network

More news: Economy
Written by / Agency / Source: Portland Cement Association (PCA)

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Labor Data Points to Beginning of Job Creation Process - Despite job losses, labor conditions improve better than forecasted
Labor Data Points to Beginning of Job Creation Process

 

NewswireToday - /newswire/ - Skokie, IL, United States, 2010/01/08 - Despite job losses, labor conditions improve better than forecasted.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Economy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The December 85,000 job loss figure released today by the Bureau of Labor Statistics (BLS) was more than projected, but a three month data review suggests that labor conditions are improving at a pace better than expected.

According to a recent report by the Portland Cement Association (PCA), the combination of BLS upward data revisions and better than expected job market performance resulted in only 501,000 job losses during August-December 2009 versus an PCA-predicted 861,000.

“There is evidence that the job creation process has already begun,” Ed Sullivan, PCA chief economist said. “Typically, extended work hours, overtime and temporary hiring precede job creation. November’s increase in the length of the average workweek—the first increase in 14 months—was unchanged in December at 33.2 hours. Furthermore, temporary employment continued to rise, as 47,000 positions were added in December.”

If the labor market sustains its better than expected performance from the fourth quarter, it could lead to a quicker healing of in the underlying fundamentals surrounding construction, Sullivan said.

"Slightly stronger labor market projections could reduce 2010 state deficits resulting in smaller drags on public construction activity and lead to the potential of a quicker recovery in nonresidential construction. Additionally, a stronger labor market would improve the outlook for single family construction activity in 2010 and 2011 and shorten the period for an easing in lending standards.”

About PCA
Based in Skokie, Ill., the Portland Cement Association (cement.org) represents cement companies in the United States and Canada. It conducts market development, engineering, research, education, and public affairs programs.

To obtain a copy of PCA’s report contact Patti Flesher.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Economy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Portland Cement Association (PCA)

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Economy articles,
CATCH Visitors via Your Competitors Announcements!


Labor Data Points to Beginning of Job Creation Process

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Patti Flesher - Cement.org 
847-972-9136 pflesher[.]cement.org
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Portland Cement Association (PCA) securities in any jurisdiction including any other companies listed or named in this release.

Economy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Portland Cement Association (PCA) / Company Profile


Read Economy Most Recent Related Newswires:

Frost & Sullivan’s IKC Enables Companies to Assess their Financial Performance in Relation to their Peers, based on Top-Bottom Scores
Iran Economy Exhibits Renewed Optimism, Open for Investments Across Industries, Targets Export Markets Notes Frost & Sullivan
Elevated Investment of $55.6 bn in Infrastructure Development Anticipated for Kenya Finds Frost & Sullivan
Industry 4.0 Business Ecosystem to Change Dynamics in the Global Industrial Landscape Finds Frost &Sullivan
Frost & Sullivan Assesses the Investment Climate in India and its Impact on Next-Generation Investors
Frost & Sullivan Launches Malaysia Mega Trends Report in Collaboration with Malaysian Investment Development Authority
Austria’s Government to Pass New Tax Package
Global Leaders Identify Critical Issues to Overcome Economic Development Challenges At the Economic Development Innovation (EDI) Council Meeting
Russian Internet Remains Growth Hotspot in the Country’s Economy Finds Frost & Sullivan
Converging Industries and Smart Cities to Present Market Opportunities Worth $1.5 Trillion by 2020 Says Frost & Sullivan
Business Credit Quality Weakened in August Says WAIN Street Business Default Index
GE to Invest $2 Billion in Africa by 2018
Greenville, South Carolina Names New Executive to Lead Economic Development Efforts
Greenville, SC Economic Development Group Announces Strong Job, Investment Creation for 2013
Greenwood, S.C. Economic Development Group Names Heather Simmons Jones as CEO

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)