Construction firms added 45,000 jobs in April and 280,000 over 12 months, as the sector’s unemployment rate fell to a nine-year April low of 7.5 percent, according to an analysis by the Associated General Contractors of America. Association officials noted that even as the industry continues to expand, growth has been erratic and inconsistent. “Construction employment resumed strong growth in April after slipping in March and is now growing at more than double the growth rate for total non-farm employment,” said Ken Simonson, the association’s chief economist. “Nevertheless, job growth remains spotty with the nonresidential building sector losing jobs even … Read more

Construction declined by 1,000 in March but is still up by 282,000 compared to the prior year, as the sector’s unemployment rate fell to 9.5 percent, according to a recent analysis by the Associated General Contractors of America. Association officials noted that declining demand for residential and public sector projects offset gains in other areas to contribute to the overall month job losses. “After 14 months of steady job gains, construction employment suffered in March,” said Ken Simonson, the association’s chief economist. “Except for multifamily construction, home building remains weak and government officials just can’t seem to find a way … Read more