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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February Construction Unemployment Rates Down Year-Over-Year in 34 States, Says ABC

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WASHINGTON, D.C. — The February 2018 not seasonally adjusted national construction unemployment rate was 7.8 percent, down 1 percent from February 2017 and the lowest national February rate on record, according to an analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. Estimated construction unemployment rates were down in 34 states on a year-over-year basis, unchanged in one state (Arizona) and up in 15 states. At the same time, the construction industry employed 273,000 more workers than in February 2017. “Construction activity continues to be positive in much of the country, resulting in healthy demand … Read more

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