Construction Employment Increases By 11,000 In May To Eight-Year High But Labor Shortages Likely Limited Number Of New Jobs Being Added
Contractors Struggle to Fill Jobs as Weekly Hours Reach Highest May Level Since Series Began in 2006; Association Officials Urge Greater Public-Sector Support for Career and Technical Education Programs
Construction employment increased by 11,000 jobs in May to the highest level since October 2008 and average weekly hours set a series high for May as contractors struggled to find enough workers to meet demand for projects, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged lawmakers and other public officials to address the growing shortage of available qualified workers by funding and re-invigorating career and technical education programs.
"Construction firms continued adding new jobs at a faster rate than the broader economy during the past year as demand for their services remains strong," said Ken Simonson, the association's chief economist. "Even so, they had to keep employees on the job for more hours because they could not find enough qualified people to hire."
Construction employment totaled 6,881,000 in May, a gain of 11,000 from the April total and an increase of 191,000 or 2.9 percent from a year ago. The year-over-year growth rate was almost double the 1.6 percent rise in total nonfarm payroll employment, Simonson noted. The sector's unemployment rate in May was 5.3 percent, up slightly from 5.2 percent a year ago but one of the lowest May levels in decades.