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Construction Firms Add 27,000 Jobs In June As Sector’s Unemployment Falls To Lowest June Rate And Pay Levels Jump 4.6 Percent To $35.64 An Hour

Fri, 07/05/2024 – 10:36 Most of the Construction Gains Occurred in the Nonresidential Construction Sector While Firms Now Pay Workers Nearly 19 Percent More Compared to the Average Job as they Struggle to Recruit New People The construction sector added 27,000 jobs in June while its unemployment rate fell to 3.6 percent, its lowest rate…

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Proposed New Federal Heat Rule Reinforces Successful Safety Measures That The Construction Industry Already Uses To Protect Workers

Tue, 07/02/2024 – 13:00 Construction Association Officials Note that New Proposal, However, Fails to Address Regional Weather Variations, Should Outline Steps Workers Must Take to Protect Themselves from Heat Exposure The chief executive officer of the Associated General Contractors of America, Jeffrey D. Shoaf, released the following statement in response to the release of a…

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Construction Employment Increases In 225 Of 358 Metro Areas From May 2023 To May 2024 As Evolving Demand And Labor Shortages Impact Hiring

Tue, 07/02/2024 – 11:44 Houston-The Woodlands-Sugar Land, Texas and Fairbanks, Alaska Top Lists of Year-over-Year Job Gains, While Denver-Aurora-Lakewood, Colo. and Augusta-Richmond County, Ga.-S.C. Experience Worst Job Losses Construction employment increased in 225, or 63 percent, of 358 metro areas between May 2023 and May 2024, according to an analysis by the Associated General Contractors of America…

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Construction Spending Slips 0.1 Percent In May, As Drop In Homebuilding And Private Nonresidential Segments Outweigh Public Investment Gain

Mon, 07/01/2024 – 14:07 Census Bureau’s First Estimates for Data Centers Show Outlays Jumped 69 Percent Since May 2023; New Breakout Reveals Private Office Construction Plunged 18 Percent in Latest 12 Months Construction spending declined by 0.1 percent between April and May to a seasonally adjusted rate of $2.139 trillion, amid declines in demand for a range…

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Construction Employment Increases In 39 States From May 2023 To May 2024, While 26 States Add Jobs Between April And May

Tue, 06/25/2024 – 13:57 Texas and Alaska Top Lists of Numerical and Percentage Year-over-Year Increases, While Maryland and D.C. Trail; Ohio Has Largest Number and Percent of Monthly Gains, While Tennessee and Maine Have Worst Losses Construction employment increased in 39 states in May from a year earlier, while 26 states added construction jobs between April…

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Federal Judge Issues Nationwide Injunction Against Department of Labor’s Overreaching Davis-Bacon Rule

Mon, 06/24/2024 – 15:08 Associated General Contractors of America Argues New Rule Exceeds Statutory Authority Under the Davis-Bacon Act, Court Agrees  The Associated General Contractors of America (AGC) celebrates a significant legal victory in its ongoing efforts to protect members from overreaching federal regulations. Today, the U.S. District Court for the Northern District of Texas…

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New Report Details Massive Federal Funding Gap For Workforce Prep Compared To Degree Programs Despite Persistent Labor Needs

Thu, 06/13/2024 – 09:00 Eighty Percent of Federal Postsecondary Education Funds Go to Degree Programs that Only 38 Percent of Americans Complete, While Construction and other In-Demand Sectors Struggle to Find Qualified Workers Only one-fifth of federal investments in postsecondary education support workforce development for fields like construction and manufacturing, while the rest of the…

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Construction Employment Increases By 21,000 Between April And May With Job Gains At Both Nonresidential And Residential Construction Firms

Fri, 06/07/2024 – 11:22 Despite Job Growth That Outpaces Total Nonfarm Employment Gains, Contractors Continue to Struggle With Shortages of Skilled Workers to Build Data Centers, Factories, Power, and Infrastructure Projects The construction industry added 21,000 jobs in May and 251,000 jobs over the past year, with increases at both nonresidential and residential construction firms,…

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Construction Spending Slips 0.1 Percent In April As Decreases In Public Segments Offset Rise In Homebuilding, Manufacturing, Power Projects

Mon, 06/03/2024 – 12:12 Construction Spending Remains Up by 10 Percent Compared to a Year Ago, However, as Most Firms Continue to Struggle to Find Enough Qualified Workers to Keep Pace with Demands for New Projects Total construction spending inched down from March to April with declines in public projects and a mixed pattern among…

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Construction Employment Increases In 218 Of 358 Metro Areas From April 2023 To April 2024 As Worker Scarcity Limits Gains In Some Markets

Wed, 05/29/2024 – 11:36 Baton Rouge, La. and Fairbanks, Alaska Have Highest Number and Percentage of Year-over-Year Job Gains, While Denver-Aurora-Lakewood, Colo. and Augusta-Richmond County, Ga.-S.C. Experience Worst Job Losses Construction employment rose in 218, or 61 percent, of 358 metro areas between April 2023 and April 2024, according to an analysis by the Associated General Contractors…

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