Subscribe to Newsline, ABC's weekly member newsletter.
Loading, please wait.
From the category archives: GA - Employment
The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to ABC’s analysis regarding the Bureau of Labor Statistics’ data. Nonresidential construction employment added 8,600 net new jobs in November, a figure that would have been substantially higher were it not for heavy and civil engineering, which lost 7,800 for the month.
Read the rest of entry »
The U.S. Senate passed sweeping tax reform legislation on Dec. 2, overcoming a number of setbacks over the course of a long week. The effort to win over holdouts and cobble together the necessary votes led to a number of late-breaking changes to the bill, culminating in what was essentially a party line vote, with Senator Bob Corker (R-Tenn.) as the only dissenting Republican.
Read the rest of entry »
On Nov. 28, The Senate Budget Committee voted to advance S.1, the Tax Cuts and Jobs Act on a party line vote of 11-10. Senators Ron Johnson (R-Wis.) and Bob Corker (R-Tenn.) voted to send the bill to the Senate floor after originally withholding their support.
Read the rest of entry »
On Nov. 29, President Trump delivered a strong defense of reducing the tax burden on businesses of all sizes in his “Bring Back Main Street” Speech in St. Charles, Mo. He urged Congress to push tax reform across the finish line as the U.S. Senate is expected to vote on their version of the Tax Cuts and Jobs Act this week.
Read the rest of entry »
The not seasonally adjusted national construction unemployment rate was 4.5 percent in October, down 1.2 percent from a year ago, the U.S. Bureau of Labor Statistics reported. It was the lowest October rate on record, matching the rate in 2006, according to analysis by ABC. Further, the construction industry employed 180,000 more workers than in October 2016.
Read the rest of entry »
On Nov. 28, ABC will offer the webinar “DOL Training on Paid Sick Leave for Federal Contractors” at 2 p.m. EDT. The webinar will cover the Paid Sick Leave for Federal Contractors final rule issued by the Department of Labor’s Wage and Hour Division (WHD) on Sept. 30, 2016, which implements President Obama’s E.O. 13706.
Read the rest of entry »
On Nov. 7, ABC joined Associated General Contractors, the Leading Builders of America and the National Association of Home Builders in a letter to Congressional leaders expressing the construction industry’s concerns regarding the upcoming decisions related to the Temporary Protected Status (TPS) designations for El Salvador, Haiti and Honduras. The letter urged Congress to take legislative action to ensure that TPS holders can remain and continue to work legally in this country.
Read the rest of entry »
On Nov. 13, the U.S. Senate began the first day of an expected four-day process to amend and approve their version of tax reform legislation. The U.S. House of Representatives is expected to vote on their version of the bill on Thursday, Nov. 15. If both chambers pass their respective bills, conferees will be designated to negotiate an agreement between the House and Senate versions, which currently include a number of significant differences.
Read the rest of entry »
ABC praised the U.S. House of Representatives for passing the Save Local Business Act (H.R. 3441) this week with bipartisan support. ABC joined forces with a wide range of business advocacy groups, including the Coalition for a Democratic Workplace and the Coalition to Save Local Businesses, to build support for the ultimate passage of H.R. 3441.
Read the rest of entry »
Any additional dollar that can stay in a construction company's cash flow can be invested in hiring and retaining talented workers. That was one of the messages ABC President and CEO Mike Bellaman conveyed this week during two live Fox Business Network appearances, as the House Ways and Means Committee unveiled a bill that reforms the tax code.
Read the rest of entry »
|