Sun, Feb 10, 2019 - Page 5 News List

Hot US jobs market mixed bag for firms

GROWING ECONOMY:A higher employment rate means more people are spending money, which is good for revenue, but it also means that the labor pool is shrinking

Bloomberg

Beazer Homes USA Inc

One homebuilder talked about how it is trying to avoid passing along higher labor costs to customers.

The company has reduced the number of available floor plans in each development, meaning that workers are building the same models more frequently, chief executive officer Allan Merrill said.

“That really is one of the keys to driving lower production costs,” he said.

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