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Construction Sector Adds 25,000 Employees In January As Firms Raise Pay Faster Than Overall Private Sector In Bid To Attract More Workers
Industry Employment Hits New Record Amid Strong Demand, But Firms Would Have Hired Even More Workers as Construction Officials Call for Measures to Enable More People to Work in the Industry Construction firms added 25,000 employees in January and raised wages for hourly workers more steeply than other sectors, according to an analysis by the Associated General…
Read MoreConstruction Spending Slips 0.4 Percent In December, Yet Record-high December Job Openings Suggest Contractors Remain Bullish In 2023
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,…
Read MoreConstruction Employment Increases In 268 Of 358 Metro Areas From December 2021 To 2022 As Demand Outpaces Labor Supply In Some Markets
Houston-The Woodlands-Sugar Land, Texas and Provo-Orem, Utah Have Largest 12-Month Gains, While Orlando-Kissimmee-Sanford, Fla. Has Largest Job Loss; Richmond, Va. Has the Fastest Rate of Annual Decline Construction employment increased in 268 of 358 metro areas between December 2021 and December 2022, according to an analysis by the Associated General Contractors of America of new government employment…
Read MoreConstruction Employment Increases In 30 States And D.C. Between November And December, While 40 States Add Jobs Since December 2021
California and Louisiana Lead in Monthly Job Gains, While Missouri and North Dakota Have Largest Losses; California and Rhode Island Top List of Year-over-Year Gains, While New Jersey Has Largest Decrease Construction employment climbed in 30 states and the District of Columbia from November to December and 42 states added construction jobs during the past 12…
Read MoreConstruction Association And Coalition Of Employer Groups Files Suit To Block Biden Administration’s Unlawful New Waters Of The U.S. Rule
Associated General Contractors of America Partners with Other Groups in Challenging Rule’s Unlawful Effort to Regulate Large Sections of Dry Land and Wet Areas Lacking Connections to Navigable Waterways The Associated General Contractors of America joined with a range of employer groups representing a broad cross-section of the economy in filing a lawsuit yesterday to…
Read MoreOverall Costs For Construction Materials Decline Steeply In December But Contractors Remain Wary Costs Will Go Up Again In The Year Ahead
Prices for Some Key Components Have Already Begun Rising in January While New Buy America Requirements Will Inflate the Cost of Many Materials, Construction Association Officials Caution Plunging prices for diesel fuel, lumber, and steel cooled inflation for materials and services used in construction in December, but relief may be short-lived, according to an analysis by the…
Read MoreConstruction Adds 28,000 Employees In December And Raises Pay 6.1 Percent As Sector’s Unemployment Rate Hits Record December Low Of 4.4 Percent
Association Survey Finds Contractors Optimistic about Adding Workers in 2023 But Worried about Finding Enough Workers to Fill Positions; Calls for Immigration Reform and Investments in Construction Education Construction firms added 28,000 employees in December and continued to raise wages for hourly workers more than other sectors as the industry’s unemployment rate fell to a…
Read MoreConstruction Firms Look To Public Sector Demand As Outlook For Private-Sector Projects Dims In 2023; 69 Percent Of Firms Plan To Hire In The New Year
New Industry Outlook Survey Shows Contractors Expect Infrastructure and Other Public-Sector Funding Will Help As Growth Slows for Many Types of Private Construction, but Labor Shortages and Supply Chain Issues Persist Construction contractors are less optimistic about many private-sector segments than they were a year ago, but their expectations for the public sector market have…
Read MoreConstruction Spending Edges Up 0.2 Percent In November As Homebuilding Drop, Stalled Public Projects Offset Most Private Nonresidential Gains
Association Officials Urge Biden Administration to Address Infrastructure Regulatory and Funding Delays, Will Release 2023 Outlook During Virtual Briefing on January 4th Offering Hiring and Market Predictions Total construction spending increased by 0.2 percent in November, dragged down by a lack of new infrastructure projects along with a continuing slide in homebuilding, according to an…
Read MoreConstruction Employment Grows in 268 of 358 Metro Areas From November 2021 to 2022 as Demand Outpaces Labor Supply in Some Markets
Construction employment increased in 268 of 358 metro areas between November 2021 and November 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said the job gains likely would have been higher but that many contractors report that demand for new projects is outpacing the availability of workers…
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