The construction industry added 9,000 jobs in April — the fewest since August 2022 — as a downturn among residential remodelers and subcontractors undercut job gains at nonresidential construction firms, according to an analysis of new government data released by the Associated General Contractors of America. Association officials noted that demand for workers remains high among nonresidential firms, and they urged government officials to enhance support for career development and more employment-based immigration. “It appears that high interest rates are dragging down remodeling, homebuilding and apartment construction,” said Ken Simonson, the association’s chief economist. “But firms working on infrastructure, data … Read more
Construction Sector Adds 9,000 Jobs in April
Filed under: Economic News, eNewsTagged with: Associated General Contractors of America, Construction Employment, skilled craftworkers