Construction employment declined in almost a quarter of metro areas between November 2022 and November 2023 as demand tapered in some parts of the country and labor shortages made it hard for contractors to fill vacancies, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said the new data is consistent with the results of the 2024 Construction Hiring & Business Outlook survey that AGC and Sage will release this Thursday.
“Although construction employment is still growing in most parts of the country, it is falling in more places than earlier this year,” said Ken Simonson, the association’s chief economist. “In some cases, firms are seeing a slowdown in demand, but for many the biggest challenge is finding enough workers to hire.”
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