U.S. construction jobs flatline as employers struggle to hire

Meanwhile, unemployment rate hits lowest August rate since 2008

TRD New York /
Sep.September 06, 2013 04:09 PM

Construction employment was flat in August, while the unemployment rate fell and many companies reported difficulty finding workers, according to a government data analysis by the Associated General Contractors of America.

Construction employment held steady at 5,798,000 jobs in August, the same as the July total, revised up by 5,000 from an initial estimate one month ago. The August number is 3 percent higher than the construction employment total at the same time in 2012, but has been nearly flat since March 2013.

Spending in the construction industry has also changed little between May and July, the latter being the most recent month available.

Despite the lack of growth, the unemployment rate for workers actively looking for jobs and last employed in construction fell to 9.1 percent last month from 11.3 percent in August 2012 — the lowest August rate since 2008.

“After a strong rebound in 2012, construction hiring and spending have been stuck in neutral through most of 2013,” Ken Simonson, the association’s chief economist, said in a release. “Yet the unemployment rate for former construction workers hit the lowest August level in five years, suggesting that experienced workers are leaving the industry rather than returning to it. As a result, firms are already having trouble finding workers.”

A whopping 74 percent of construction firms responding to an association survey released Sept. 4 reported having difficulty filling certain craft-worker positions. Likewise, more than half of respondents said they are also having problems filling professional positions. — Julie Strickland


Related Articles

arrow_forward_ios
Long Island Cheat Sheet: Suffolk County senior housing development gets $57M construction loan, construction employment spikes … & more

Long Island Cheat Sheet: Suffolk County senior housing development gets $57M construction loan, construction employment spikes … & more

Long Island Cheat Sheet: Developer iStar’s Long Beach apartment block battle continues; construction jobs rise … & more

Long Island Cheat Sheet: Developer iStar’s Long Beach apartment block battle continues; construction jobs rise … & more

Long Island Cheat Sheet: Riverhead town board to vote on one of the largest land sales in LI history … & more

Long Island Cheat Sheet: Riverhead town board to vote on one of the largest land sales in LI history … & more

Long Island Cheat Sheet: Foreclosure mail scam targets Nassau homeowners … & more

Long Island Cheat Sheet: Foreclosure mail scam targets Nassau homeowners … & more

Long Island Cheat Sheet: Contractor dies in plane crash off Amagansett beach … & more

Long Island Cheat Sheet: Contractor dies in plane crash off Amagansett beach … & more

Long Island Cheat Sheet: Douglas Elliman ranks as top resi brokerage in LI, three Smithtown sites move toward redevelopment … & more

Long Island Cheat Sheet: Douglas Elliman ranks as top resi brokerage in LI, three Smithtown sites move toward redevelopment … & more

Construction job shortage eases up but isn’t healing fast enough

Construction job shortage eases up but isn’t healing fast enough

NEW YORK, NY - AUGUST 16: Construction laborers work on a new residential building, August 16, 2016 in the Brooklyn borough of New York City. Home construction in the U.S. accelerated in July to the fastest pace in five months. While housing starts were up 2.1 percent nationally, new construction was up 15.5 percent in the Northeast, led by a surge in new apartment and condo construction. (Photo by Drew Angerer/Getty Images)

NYC construction salaries averaged $80K in 2016: report

arrow_forward_ios
Loading...