Job growth accelerated in July amid higher inflation and growing economic pressures. Total nonfarm payroll employment increased by 528,000 and the unemployment rate edged down to 3.5% in July.
Association official says labor shortages are keeping the construction sector from adding even more jobs, urges new public investments in construction workforce development and training programs
Construction firms added 32,000 jobs in July as the sector’s unemployment rate fell to 3.5% and the number of unfilled construction positions approached record levels, according to an analysis of federal employment data released today by the Associated General Contractors of America.
Houston-The Woodlands-Sugar Land, Texas, and Grants Pass, Oregon, post the largest gains over 12 months; Orlando-Kissimmee-Sanford, Florida, and Bergen-Hudson-Passaic, New Jersey, experience the worst declines in past year
Construction employment fell in 61 and was unchanged in another 51 out of 358 metro areas between June 2021 and June 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that employment was falling or stagnant in nearly one-third of metro areas at a time when many construction firms are struggling to find enough qualified workers to hire and cope with supply chain challenges and rising materials prices.
New York Has Largest Shortfall Compared to February 2020 Peak, While Utah Tops List of States with Gains; California, Connecticut Have Worst Monthly Declines, While Pennsylvania, Oregon Lead Job Gainers in June
Construction employment in June continued to trail pre-pandemic levels in more than one-third of the states despite record job openings, according to a new analysis of federal employment data released by AGC.
The U.S. Department of Energy recently released the U.S. Energy Employment Report, an annual report that takes a comprehensive look at national and state-level employment data for the clean energy sector.
Construction employment increased from February 2020—the month before the coronavirus pandemic—to February 2022 in nearly three-fifths of U.S. metro area.
Construction employment increased in nearly three out of four U.S. metro areas in January compared to a year ago, according to an analysis by AGC of new government employment data.
Contractors Association Prepares Updated Construction Inflation Alert as Tight Labor Market, Soaring Materials Costs, and Supply Chain Disruptions Threaten to Delay Projects and Undercut Further Job Gains
Construction employment dipped by 5,000 jobs between December and January even though hourly pay rose at a record pace in the past year, according to an analysis by the Associated General Contractors of America of government data.
Association Officials Urged Congress to Pass the New, Bipartisan Infrastructure Bill to Boost Demand for Nonresidential Construction and Create Needed Commercial Construction Career Opportunities