Construction Employment Increases in 250 out of 358 Metro Areas between August 2016, 2017

Construction employment increased in 250 out of 358 metro areas between September 2016 and September 2017, declined in 56 and stagnated in 52, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials noted that continued strong demand for construction is placing new strains on an already tight construction labor market. “Construction firms in many parts of the country continue to expand to keep up with demand for their services,” said Ken Simonson, the association’s chief economist. “Yet construction growth would likely have been even more robust if contractors could find … Read more

Filed under: Economic NewsTagged with: , ,

Construction Industry Adds 8K Jobs in September, 184K Throughout Year

Construction employment increased by 8,000 jobs in September to the highest level since October 2008, amid a tight labor market that may be keeping contractors from hiring as many workers as they need, according to an analysis of new government data by the Associated General Contractors of America. Association officials said construction employment gains would have been higher if more high school students were exposed to construction as a possible career option. “Construction firms added employees over the past year at a much higher rate than the public and private sectors as a whole, and contractors have been boosting pay … Read more

Filed under: Economic NewsTagged with: , , ,

Construction Employment Increases by 11,000 in May to 8-Year High

Construction employment increased by 11,000 jobs in May to the highest level since October 2008 and average weekly hours set a series high for May as contractors struggled to find enough workers to meet demand for projects, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged lawmakers and other public officials to address the growing shortage of available qualified workers by funding and re-invigorating career and technical education programs. “Construction firms continued adding new jobs at a faster rate than the broader economy during the past year as demand for their … Read more

Filed under: Economic NewsTagged with: , ,