flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Construction firms add 5,000 jobs in April

Market Data

Construction firms add 5,000 jobs in April

Unemployment down to 4.4%; Specialty trade jobs dip slightly.


By Construction Employers of America | May 16, 2017

Pixabay Public Domain

The Bureau of Labor Statistics recently released its April jobs report, revealing that employment in the construction industry increased by 5,000 jobs (seasonally adjusted). While the economy added 211,000 jobs, total specialty trade employment contracted nominally, shedding 1,500 positions in April.

“While the country’s employment report is promising, the Construction Employers of America is concerned that specialty trade construction employment may be stagnating,” said Jack Jacobson, spokesperson for CEA. “Immediate action by Congress and the Administration on tax reform, repatriation of foreign corporate assets to domestic investment pools, and a public construction infrastructure package will shore up employment in the specialty construction sector and keep employment growing across the country.”

The BLS report did have a bright spot for the specialty construction industry as total residential and nonresidential specialty construction employment is up by 127,000 positions over the same point in 2016. April’s loss of 5,100 nonresidential specialty construction jobs serves as a warning and should spur policymakers to take immediate action.

“Our construction firms stand ready to rebuild America,” continued Jacobson. “CEA members continue to invest in workforce development, training, and robust apprenticeship programs to prepare the next generation of blue collar workers to build critical infrastructure. Federal action today will drive further job growth and employ more Americans that will strengthen the middle class for years to come.”

Related Stories

Market Data | Jul 19, 2021

Construction employment trails pre-pandemic level in 39 states

Supply chain challenges, rising materials prices undermine demand.

Market Data | Jul 15, 2021

Producer prices for construction materials and services soar 26% over 12 months

Contractors cope with supply hitches, weak demand.

Market Data | Jul 13, 2021

ABC’s Construction Backlog Indicator and Contractor Confidence Index rise in June

ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased modestly in June.

Market Data | Jul 8, 2021

Encouraging construction cost trends are emerging

In its latest quarterly report, Rider Levett Bucknall states that contractors’ most critical choice will be selecting which building sectors to target.

Multifamily Housing | Jul 7, 2021

Make sure to get your multifamily amenities mix right

​One of the hardest decisions multifamily developers and their design teams have to make is what mix of amenities they’re going to put into each project. A lot of squiggly factors go into that decision: the type of community, the geographic market, local recreation preferences, climate/weather conditions, physical parameters, and of course the budget. The permutations are mind-boggling.

Market Data | Jul 7, 2021

Construction employment declines by 7,000 in June

Nonresidential firms struggle to find workers and materials to complete projects.

Market Data | Jun 30, 2021

Construction employment in May trails pre-covid levels in 91 metro areas

Firms struggle to cope with materials, labor challenges.

Market Data | Jun 23, 2021

Construction employment declines in 40 states between April and May

Soaring material costs, supply-chain disruptions impede recovery.

Market Data | Jun 22, 2021

Architecture billings continue historic rebound

AIA’s Architecture Billings Index (ABI) score for May rose to 58.5 compared to 57.9 in April.

Market Data | Jun 17, 2021

Commercial construction contractors upbeat on outlook despite worsening material shortages, worker shortages

88% indicate difficulty in finding skilled workers; of those, 35% have turned down work because of it.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021