National Association Reports Construction Firms Add 44K Jobs in October, Struggle with Supply Chain Challenges

The construction industry added 44,000 jobs between September and October as nonresidential construction firms posted back-to-back increases for the first time since January, according to an analysis of government date by the Associated General Contractors of America. Association officials said the employment gains were welcome news but cautioned that employment levels remain well-below pre-pandemic totals as firms struggle with supply chain problems, labor shortages and federal inaction on infrastructure funding. “It is encouraging to see continuing job growth in nonresidential construction but the industry remains far behind the overall economy in recovering all of the job losses from the pandemic,” … Read more

Filed under: Economic News, eNewsTagged with: , , , , , ,