Construction firms added jobs in 39 states from July 2013 to July 2014 and in 34 states from June to July, according to an analysis today of Labor Department data by AGC of America. Association officials said the employment gains are good news, but that the pipeline of skilled craft workers, supervisors and other employees appears to be emptying rapidly.
Construction Industry Adds 22,000 Jobs in July as Sector's Unemployment Rate Declines to 7.5 Percent
New government data today show the uneven nature of the construction industry's recovery, as the sector added 22,000 jobs in July, but suffered a pullback in spending in June, according to an analysis by AGC of America.
Construction employment expanded in 215 metro areas, declined in 80 and was stagnant in 44 between June 2013 and June 2014, according to a new analysis of federal employment data released today by AGC of America. Association officials noted that uncertainty about a range of federal infrastructure and construction programs could weigh on future growth for the sector.
Construction firms added jobs in 38 states and the District of Columbia over the past 12 months, but they reduced headcount in 27 states between May and June, according to an analysis today of Labor Department data by AGC of America. Association officials said the employment gains help, but that construction employment remains below peak levels in every location except North Dakota.
Construction employers added 6,000 workers to payrolls in June as the industry’s unemployment rate dropped to 8.2 percent, its lowest June level in six years, according to an analysis of new government data by AGC of America. Association officials cautioned, however, that recent employment gains could be undermined when the federal government begins scaling back transportation investments in August.
Total construction spending edged higher for the third straight month in May, as solid increases in private nonresidential and public construction outweighed a downturn in residential projects, according to an analysis of new Census Bureau data by AGC of America. Association officials cautioned that the pickup in highway spending is in jeopardy of reversing sharply unless policy makers act urgently to shore up the federal Highway Trust Fund.
Construction employment expanded in 218 metro areas, declined in 72 and was stagnant in 49 between May 2013 and May 2014, according to a new analysis of federal employment data released today by AGC of America. Association officials warned that job losses could spread to more metros unless policy makers in Washington quickly agree on providing new funding for the federal highway program.
Construction firms added jobs in 40 states and the District of Columbia over the past 12 months and in 30 states and D.C. between April and May, according to an analysis by AGC of America of Labor Department data.
Construction employers added 6,000 workers to payrolls in May as the industry’s unemployment rate dropped to 8.6 percent, its lowest May level in six years, according to an analysis of new government data by AGC. However, association officials cautioned that gains remain spotty and that thousands of highway construction jobs are at risk because of a pending halt in federal transportation funding later this summer.
Total construction spending rose modestly for the third straight month in April as a mix of increases and declines in public and private categories showed the sector’s recovery remains fragile and fragmented, according to an analysis of new Census Bureau data by AGC of America. Association officials said the industry could benefit from new federal investments in infrastructure to offset declining public sector demand.