Construction Employment Increases Hit Highest Level in 9 Years
Construction employment increased by 6,000 jobs in July to the highest level since October 2008, amid a tight labor market that may be keeping contractors from hiring as many workers as they need, according to an Associated General Contractors of America analysis of new government data. Association officials urged local, state and federal leaders to enact measures designed to expose more high school students to high-paying careers in construction to offset growing labor shortages.
“Construction firms added employees over the past year at a much higher rate than the public and private sectors as a whole, but the low unemployment rates in construction and the overall economy suggests contractors are having difficulty filling positions,” said Ken Simonson, the association's chief economist. “Although construction spending has slowed, many contractors are still looking for qualified craft workers and project managers.”