Construction employment dipped for the second consecutive month in May, but rising industry pay and plunging unemployment suggest contractors would be hiring more workers if they were available, according to a recent analysis by the Associated General Contractors of America. Association officials cautioned that worker shortages may be reaching the point where they undermine the sector’s growth. “Although construction employment slipped in April and May, the industry has added workers in the past year at double the rate of the overall economy,” said Ken Simonson, the association’s chief economist. “Average pay in construction is rising faster than in the rest … Read more