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

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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

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AGC Officials Report Demand for Construction Remains Robust

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Construction employment increased in 45 states in February from a year earlier, while 24 states added construction jobs from January to February, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said the annual job gains are a sign that demand for construction remains robust and continued to caution that labor shortages are holding many firms back. “Unfavorable weather may have held back construction in many states last month compared to January,” said Ken Simonson, the association’s chief economist. “But construction employment continued to expand almost everywhere in February compared … Read more

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Robins & Morton Craft Mentorship Program Advances 11 into Management Roles

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For the 2021-22 class of Robins & Morton’s Rocky McMichen Field Leadership Program, graduation was more than a celebration – it was a turning point in their lives and careers. The program is an intensive, 15-month program for craft professionals who wish to move into management roles. It involves one-on-one mentorships, hands-on experience and a classroom curriculum covering 16 established topics from surveying to business writing and communicating. At the November graduation, each of the 11 graduates received an offer letter to take on a new role in field management, with the opportunity to continue advancing in the company as … Read more

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Construction Jobs Exceed Pre-Pandemic Level in 18 States, D.C., Says AGC

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Only 18 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020 despite a pickup in most states from October to November, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said one reason employment is below pre-pandemic levels in many parts of the country is the lack of available workers to hire. “Construction activity has picked up in recent months but still has not reached the employment levels of early last year in most of the country during … Read more

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Inflation + Labor Shortages Weigh Down Construction Industry in 3rd Quarter, Finds Marcum Index

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The Marcum Commercial Construction Index for the third quarter of 2021 reports that the construction industry’s recovery slowed during the summer in the face of labor shortages and rising material prices. Nonresidential construction spending remains 10.7% below January 2020 levels, but is 1.3 lower than it was one year ago. The index is produced by Marcum’s National Construction Services group. “The nonresidential construction segment added 33,000 net new jobs in October 2021 and supports 46,500 more jobs than it did in October 2020,” said Anirban Basu, Marcum’s chief construction economist and author of the report. “But a majority of that … Read more

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