ALACHUA, Fla. — Feb. 12, at the first Veterans’ Employment in Construction Symposium, First Lady Michelle Obama and U.S. Secretary of Labor Thomas E. Perez announced that a coalition of construction employers and associations have collectively pledged to hire more than 100,000 veterans over the next five years. The symposium, held in Washington, D.C., was hosted by the U.S. Department of Labor and Joining Forces. NCCER and the Build Your Future initiative were proud to have members of their military task force, who represent military, construction companies, industry leaders and associations, join them for this pioneering event. “We are proud … Read more
Nonresidential Construction Gains Jobs in January
The construction industry gained 48,000 jobs in January, according to the Feb. 7 employment report by the U.S. Department of Labor. Nonresidential construction gained 21,000 jobs, representing a significant rebound from the 14,100 jobs lost by the segment in December. Nonresidential construction accounted for 47.7 percent of January’s total construction industry job gain and 28.1 percent of the construction industry job gain in the past year. The national construction unemployment rate expanded to 12.3 percent on a non-seasonally adjusted basis in January, compared with 11.4 percent in December. This was due to a combination of seasonal factors and may be … Read more
AGC Reports on Construction Employment for Year Ending 2013
Construction employment expanded in 192 metro areas, declined in 84 and was stagnant in 63 between December 2012 and December 2013, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said that even with so many metro areas adding jobs for the year, 20 metro areas topped previous construction employment peaks for the month. “Growing demand for apartment and single-family construction was behind a lot of the growth in most metro areas last year,” said Ken Simonson, the association's chief economist, noting that private residential construction spending soared by 18 … Read more
ABC Joins Construction Industry’s Pledge to Hire Vets
WASHINGTON, D.C. — Associated Builders and Contractors has joined construction industry leaders from more than 100 companies in support of their pledge to employ 150,000 veterans in the next five years—a commitment that was made during the U.S. Department of Labor's Veterans" Employment in Construction National Symposium. “ABC believes in supporting our troops by providing them with the employment opportunities available in the construction industry,” said ABC 2014 National Chairman and President and CEO of Compass Partners, LLC Dan Brodbeck. “With a projected nationwide shortage of nearly two million workers, ABC is committed to filling this skills gap, starting with … Read more
Despite Severe Weather Construction Industry Adds Jobs in January, Unemployment Rate Declines
Construction employment jumped by the largest monthly amount in nearly seven years in January, bringing industry employment to the highest level since July 2009, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that, at the current rate of growth, it would not take long before many firms begin having difficulty finding enough skilled workers to meet demand. “Despite a second month of unusually severe weather in much of the nation, contractors more than offset the job losses that occurred in December,” said Ken Simonson, the association’s chief economist. “All segments … Read more