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

  • Posted on

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

Filed under: Economic News, eNewsTagged with: , , ,

Construction Job Openings Increase in April, Says ABC

  • Posted on

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

Filed under: Economic NewsTagged with: ,