ABC: Construction Hiring Remains Sluggish in May

The construction industry had 245,000 job openings on the last day of May, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 3,000 last month but are down by 130,000 from the same time last year. “Industrywide labor demand continued to be subdued in May,” said ABC Chief Economist Anirban Basu. “The year-to-date construction hiring rate is lower than in any year since the start … Read more

Filed under: Economic NewsTagged with: , , ,

ABC: Construction Job Openings Decreased by 3,000 in April, Down 45% Since December 2023

The construction industry had 248,000 job openings on the last day of April, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 3,000 last month and are down by 78,000 from the same time last year. “Construction labor market churn remained unusually slow in April,” said ABC Chief Economist Anirban Basu. “The rates of hires, layoffs and quits are all low by historical standards, and … Read more

Filed under: Economic NewsTagged with: , , ,

Construction Workers Satisfied with Jobs, Wages Rise 20%+ Since 2021

Workplace satisfaction is more important than ever before for retaining employees, with one recent survey finding that 77% of workers were more likely to stay with an employer if satisfied with their company’s organizational culture. To uncover which industries have the most satisfied employees, TollFreeForwarding.com researched online review data for 200 companies across industries and ranked them based on the following criteria: culture & values, diversity & inclusion, work-life balance, compensation, career opportunities and senior management satisfaction. Using these rankings, each industry was scored on a scale of 1-100 for each category, as well as an overall average. The research … Read more

Filed under: eNews, Industry NewsTagged with: , ,

Build, Expand CTE Program with NCCER High School Builder Program

With the growing demand for skilled professionals, and the available funding opportunities for schools to implement construction education programs, NCCER’s High School Builder Program is designed specifically for schools just starting their construction CTE journey. The program provides expert guidance and support to overcome the obstacles of setting up a successful CTE program. In addition, its Core: Introduction to Basic Construction Skills program incorporates applied math, along with employability and communication skills, to help students gain the life-ready skills needed to succeed in the workforce. In addition, the program: Meets requirements for Perkins, federal and state funding Provides instructor training … Read more

Filed under: eNews, OrganizationsTagged with: , ,

Unemployment Rate Falls to Lowest Rate for Month, Craft Pay Levels Rise, Says AGC

The construction sector added 23,000 jobs in June while the sector’s unemployment rate fell to the lowest rate ever for the month and pay levels in the industry continued to rise, according to an analysis of new government data the Associated General Contractors of America released. Association officials said there appears to be plenty of demand for construction services and that employers likely would have added even more jobs if they could find more workers to hire. “There was no letup in demand for construction workers in June, while the supply of available workers remained exceptionally tight,” said Ken Simonson, … Read more

Filed under: Economic News, eNewsTagged with: , , , ,