Construction employment increased in 32 states in January compared to both December and January 2019, according to an analysis by the Associated General Contractors of America of Labor Department data. However, association officials said the data was collected well before the coronavirus began to impact the economy and that construction employment levels are likely to decline beginning in March as the virus impacts many parts of the economy. “The construction industry began 2020 with widespread employment gains, although fewer states had increases than in 2019,” said Ken Simonson, the association’s chief economist. “Exceptionally mild winter weather in many states … Read more
Construction Increases in January Year-Over-Year, Likely Impact of Coronavirus on Industry Not Reflected
Filed under: Economic NewsTagged with: AGC, coronavirus, COVID-19, skilled trades