Construction Employment Increases As Sector Rebuilds

According to a recent press release from The Associated General Contractors of America, overall construction employment is increasing as the commercial construction industry slowly rebuilds.

Overall, the states of Nevada and California have the largest gains over a 12-month period, while West Virginia and New Jersey experienced the biggest declines.

According to Stephen E. Sandherr, CEO of the AGC of America, "With demand for construction growing in most states, many firms are slowly rebuilding their depleted payrolls. But if overall economic growth slows, construction employment could backslide in many states."

Construction employment increased in 40 states and D.C. from a year ago, and in 30 states and D.C. from April through May of this year. Association officials have stated that although the gains have helped, construction employment still remains below peak levels in every state and the District of Columbia - the only exception being North Dakota.

With that being said, it's still possible that construction employment levels could continue to improve. AGC officials emphasized that members of Washington could bring additional job security to the industry through new legislation designed to finance highway and transit construction. As a result, new legislation may ultimately add additional stability to what has been an inconsistent construction industry recovery.

Click Here to Read the Full Release

No Comments





no categories