ESRI: Construction activity powering strong growth; jobless numbers to fall to 5.6%

The ESRI has said it expects the unemployment rate to fall to 5.6% by the end of 2018.

ESRI: Construction activity powering strong growth; jobless numbers to fall to 5.6%

The ESRI has said it expects the unemployment rate to fall to 5.6% by the end of 2018.

If that happens, it would be at a faster rate than previously forecast. However, the research body also warned that if the rate fell below 5.5%, that would be a strong indication of an over-heating economy.

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