Construction Employment Highest Since 2009
Analysis by the Associated General Contractors of America shows construction employers added 39,000 jobs in January, 308,000 over the past year, showing the sector's highest employment rate since February '09. Still, the AGC emphasizes, concern over ongoing, growing shortages of qualified construction workers remain and could slow future growth.
You can find the organization's full news release here.
"Contractors have stayed busy this winter and expect to keep hiring through 2015 - if they can find the workers they need," said Ken Simonson, the association's chief economist. "The list of projects is growing in most states and most nonresidential segments, in addition to continuing strong demand for apartment buildings."
Construction employment totaled 6,314,000 in January, the highest level in nearly six years, with a 12-month gain of 308,000 jobs or 5.1 percent, Simonson noted. Residential building and specialty trade contractors added a combined 20,100 employees since December and 162,400 (7.2 percent) over 12 months. Nonresidential contractors-building, specialty trade, and heavy and civil engineering construction firms-hired a net of 18,600 workers for the month and 145,600 (3.9 percent) since January 2014.
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