Construction Firms Add 15,000 Jobs as Unemployment Rate Hits Record Low

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The construction sector added 15,000 jobs in April while the sector’s unemployment rate fell to a record low for the month and the number of unfilled construction positions is close to a monthly high, according to an analysis of new government data the Associated General Contractors of America released. Association officials said the industry likely would have added even more positions if contractors could find more qualified workers. Construction employment in April totaled 7.9 million seasonally adjusted, an addition of 15,000 or .2% from the month prior. Nonresidential construction firms — nonresidential building and specialty trade contractors along with heavy and civil … Read more

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Hurricane Recovery Helps Construction Unemployment Rate Hit Lowest October Mark on Record

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WASHINGTON, D.C. – The not seasonally adjusted national construction unemployment rate was 4.5 percent in October, down 1.2 percent from a year ago, the U.S. Bureau of Labor Statistics reported. It was the lowest October rate on record, matching the rate in 2006, according to analysis released today by Associated Builders and Contractors. Further, the construction industry employed 180,000 more workers than in October 2016. Construction unemployment rates were also down in 44 states on a year-over-year basis, unchanged in one (South Dakota) and up in five states. “Recovery from the various hurricanes that hit the United States appeared to … Read more

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