The construction industry added 39,000 jobs in March—the most since January 2023—with gains among all five types of residential and nonresidential categories, according to an analysis of new government data the Associated General Contractors of America released today. Association officials cautioned, however, that firms are still coping with significant labor shortages that are undermining broader growth in the sector.
“All types of construction firms were hiring in March,” said Ken Simonson, the association’s chief economist. “But the record number of construction job openings at the end of February indicates contractors would have hired even more workers if they were available to keep pace with demand.”
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