Construction Employment Rises in August, Unemployment Rate near Historic Lows

Construction employment increased by 14,000 jobs in August and by 177,000, or 2.4%, over the past 12 months, while the number of unemployed jobseekers with construction experience remained near historic lows, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that 80% of contractors reported they were having a hard time finding enough qualified hourly craft workers to hire according to the results of a survey the association recently released. “Construction employment gains would likely have been higher if firms could find even more people to hire,” said Ken Simonson, the … Read more

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