Construction employment increased by 84,000 jobs in October, with jobs added in both nonresidential and residential categories, according to a recent analysis by the Associated General Contractors of America of government data. Association officials cautioned, however, that the pandemic is causing a growing number of construction projects to be canceled or delayed, according to a survey the association released in late October. “The employment data for October is good news, but our latest survey found that only a minority of contractors expect to add to their workforce in the next 12 months,” said Ken Simonson, the association’s chief economist. … Read more
Construction Sector Adds 84,000 Workers in October, Project Cancellations Undermine Future Gains, says AGC
Filed under: Economic NewsTagged with: AGC, construction jobs, coronavirus, skilled trades, specialty trades