Construction earnings increased by 5.3 percent year-over-year to $35.21 an hour, as firms boost wages in an effort to attract more workers into the sector amid strong demand for certain types of projects
The construction industry added 11,000 jobs in January despite bouts of exceptionally cold or stormy weather that delayed projects in numerous regions, according to an analysis of new government data the Associated General Contractors of America released on Feb. 2.
The construction industry had 295,000 job openings on the last day of June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
The construction industry added 2,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released Dec. 8 by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 200,000 jobs, an increase of 2.6 percent.
Both residential and nonresidential firms boost employment as average hourly pay for construction craft workers increases 5.4 percent over the year, outpacing gain for all production employees
The construction industry added 23,000 jobs in October as unemployment rates for the sector hovered near the all-time low for the month, according to an analysis of new government data the Associated General Contractors of America released Nov. 3.
Both residential and nonresidential spending post monthly increases, while sharp decline in hiring suggests further growth in spending may be difficult unless industry can attract more workers
Total construction spending increased by 0.4 percent in September, yet a record-high number of job openings suggests the industry would be completing even more projects if it could hire enough workers, according to an analysis of federal spending data the Associated General Contractors of America released Nov. 1.
Most of the construction gains occurred in the residential construction sector, while firms now pay workers 19 percent more compared to the average job as they struggle to recruit new people
The construction sector added 15,000 jobs in April while the sector’s unemployment rate fell to a record-low for the month and the number of unfilled construction positions is close to a monthly high, according to an analysis of new government data the Associated General Contractors of America released May 5.
Construction gains were evenly split between residential and nonresidential firms for the month, but near-record job openings at the end of May point to ongoing challenges in finding qualified workers
The construction sector added 23,000 jobs in June while the sector’s unemployment rate fell to the lowest rate ever for the month and pay levels in the industry continued to rise, according to an analysis of new government data the Associated General Contractors of America released today.
The construction industry continues to face a skilled labor shortage, with worker scarcity worsening since the beginning of the pandemic, according to Marcum LLP’s annual analysis of the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Weather may account for conflicting trends on spending and jobs as construction officials warn of labor shortages and regulatory delays, urge public officials to ease red tape, boost construction training
Total construction spending decreased by 0.4 percent in December, yet industry job openings at the end of the month set a new high for December, according to an assessment the Associated General Contractors of America conducted Feb. 1 of two new federal data sets.