Construction Employment Falters in March, Says ABC

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WASHINGTON, D.C. — The U.S. construction industry lost 15,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics. This represents a significant reversal from February, when the industry added a post-recession high of 65,000 net new jobs (upwardly revised from more than 61,000). The construction sector has added 228,000 net new jobs over the past twelve months, which represents a substantial 3.3 percent increase in the number of workers directly employed by the industry. The nonresidential construction segment lost 8,200 jobs on net in March. While the … Read more

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Construction Employers Add 36K Jobs in January, Hourly Earnings Rise

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Construction employment increased by 36,000 jobs in January to the highest level since August 2008, according to an analysis of new government data by the Associated General Contractors of America. Association officials said a possible new measure being discussed in Washington that would invest an additional $1.5 trillion in repairing and improving infrastructure would both help the sector continue to add jobs and attract new workers. “The construction industry has consistently added workers at nearly double the rate of the overall economy,” said Ken Simonson, the association’s chief economist. “The outlook remains positive for further growth in the industry. But … Read more

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