ABC Releases Data for September Construction Job Openings

The construction industry had 288,000 job openings on the last day of September, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 40,000 last month and are down by 134,000 from the same time last year. “September’s data, which show a precipitous 32% decline in construction industry job openings over the past year, likely overstate the degree that demand for construction workers has slowed,” said … Read more

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ABC: Record Rebound in Construction Job Openings in August

The construction industry had 370,000 job openings on the last day of August, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 138,000 last month but are down by 16,000 from the same time last year. “Construction job openings rebounded sharply in August, exhibiting the largest one-month increase on record,” said ABC Chief Economist Anirban Basu. “Much of this surge is likely due to the … Read more

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ABC Reports Construction Job Openings Decreased by 5,000 in June

The construction industry had 374,000 job openings on the last day of June, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings declined by 5,000 last month and are down 9,000 from the same time last year. “Some will focus on the fact that construction job openings declined in June,” said ABC Chief Economist Anirban Basu. “But the real story is that, despite massive interest rate increases … Read more

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Construction Job Openings Increase in April, Says ABC

The construction industry registered 449,000 job openings in April, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey. The JOLTS survey defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 23,000 last month and are up 120,000 from the same time last year. As an indication of a marketplace that still favors employees as opposed to employers, construction workers quit their jobs at a faster rate than they were laid off or discharged in April. … Read more

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