Construction employers added 17,000 jobs in November as the sector's employment hit the highest level since August 2009, and the industry unemployment rate fell to 8.6 percent, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that the new employment figures come as construction spending levels hit a four-year high in October. “While these new employment figures are very encouraging, growth remains uneven by segment, region and time period,” said Ken Simonson, the association’s chief economist. “There are likely to be continuing variations in growth between homebuilding, private nonresidential and public […]

Construction employment expanded in 215 metro areas, declined in 74 and was stagnant in 50 between October 2012 and October 2013, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials added that despite the widespread jobs gains, construction employment remains below peak levels in 315 metro areas. “October was a good month for construction employment in many parts of the country,” said Ken Simonson, the association's chief economist. “It will take many more months of strong jobs gains before construction employment returns to peak levels in many parts of […]