Forty-two states and the District of Columbia added construction jobs between November 2017 and November 2018, while 23 states added construction jobs between October and November, according to a new analysis by the Associated General Contractors of America of Labor Department data. Association officials said extremely low unemployment rates in most of the nation have made it hard for contractors in many states to continue adding workers, despite strong demand for projects. “November was the first month this year in which fewer than half the states experienced monthly increases in construction employment,” stated chief economist Ken Simonson. “At a time … Read more
Adolfson & Peterson Construction Earns Distinguished Building Award
TEXO announced the 2018 Distinguished Building Award recipients and Adolfson & Peterson Construction was acknowledged for its work on USPI Southlake Medical Office Building located in Southlake, Texas. Developed by USPI and designed by E4H, the facility is home to Baylor Scott & White Southlake Family Medicine and Touchstone Medical Imaging, among others.The awards embody the skill, commitment and passion that TEXO members have for construction. Winning an award automatically qualifies projects for the state and national award competitions for both ABC and Associated General Contractors of America. AP was selected in the Health Care 2 ($10-30 million) Category and … Read more
Construction Employment Rises from October 2017 to October 2018 in 44 States, D.C.
Forty-four states and the District of Columbia added construction jobs between October 2017 and October 2018, while 36 states and D.C. added construction jobs between September and October, according to an analysis by the Associated General Contractors of America of Labor Department data recently released. Association officials said that firms in most parts of the country are adding staff to keep pace with growing demand for construction, but cautioned that rising labor and materials costs could undermine future demand. “Construction activity continues to expand at a steady clip, with employment growing by more than ten percent during the past … Read more
Construction Employment Rises by 23K Jobs in September, 315K for Year
Construction employment increased by 23,000 jobs in September and by 315,000 jobs over the past year, reaching a 10-year high, while the industry’s unemployment rate decreased more than half-a-percentage point to 4.1 percent from a year earlier, according to an analysis of new government data by the Associated General Contractors of America. Even as firms increase headcount and increase pay, a survey by the association suggests that this expansion is threatened by a lack of skilled craft labor. “The construction industry added workers and increased pay in the past year at rates higher than the overall economy,” said Ken Simonson, … Read more
Construction Spending Extends Year-to-Date Gains in August, Contractors Struggle to Find Workers
Construction spending increased 0.1 percent from July to August and 5.3 percent for eight months of 2018 combined, with continued year-to-date gains for major public and private categories, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that these spending figures showed strong demand in construction across the country but that growth in the construction industry still depends on contractors’ ability to find sufficient qualified workers, urging public officials to step up support for career and technical education and to allow employment-based immigration. “Nearly all categories of construction spending continued to … Read more