Jobs Report Offers Reasons for Hope and Concern for Construction Industry, ABC Says

WASHINGTON, D.C. — National construction employment added 11,000 net new jobs on a seasonally adjusted basis in May according to analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. The nonresidential construction sector added 4,400 net new jobs in May after losing 1,000 net jobs in April (revised down from a net increase of 3,200 jobs), while the residential sector added 7,100 net jobs for the month. Overall construction employment expanded 2.9 percent on yearly basis, well above the year-over-year growth rate of 1.6 percent for all nonfarm industries. “Today’s jobs numbers supply a mixture … Read more

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Forty-Two States Add Construction Jobs Between May 2016, 2017

Forty-two states added construction jobs between May 2016 and May 2017 amid growing demand for construction services, while 25 states and the District of Columbia lost construction jobs between April and May as firms struggle to find enough workers, according to an analysis by the Associated General Contractors of America of Labor Department data recently released. Association officials said workforce shortages appear to be impacting construction employment in parts of the country. “There is still plenty of private-sector demand for construction projects, so it is likely that some states with monthly employment declines have a shortage of workers rather than … Read more

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Construction Employment Increases by 11,000 in May to 8-Year High

Construction employment increased by 11,000 jobs in May to the highest level since October 2008 and average weekly hours set a series high for May as contractors struggled to find enough workers to meet demand for projects, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged lawmakers and other public officials to address the growing shortage of available qualified workers by funding and re-invigorating career and technical education programs. “Construction firms continued adding new jobs at a faster rate than the broader economy during the past year as demand for their … Read more

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Construction Employment Increases in 217 Out of 358 Metro Areas Between April 2016, 2017

Construction employment increased in 217 out of 358 metro areas between April 2016 and April 2017, declined in 89 and stagnated in 52, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials noted that construction firms in many parts of the country continue to expand headcount amid strong private-sector demand for their services. “Construction employment continues to expand in the majority of the nation’s metro areas,” said Ken Simonson, the association’s chief economist. “Many firms are adding new employees as they work to keep pace with demand for new private-sector … Read more

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