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 | Jan 5, 2021

Barely one-third of metros add construction jobs in latest 12 months

Dwindling list of project starts forces contractors to lay off workers.

Market Data | Jan 4, 2021

Nonresidential construction spending shrinks further in November

Many commercial projects languish, even while homebuilding soars.

Market Data | Dec 29, 2020

Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix

Sales completions at end of Q3 were down over 41 percent from the same period a year ago.

Market Data | Dec 28, 2020

New coronavirus recovery measure will provide some needed relief for contractors coping with project cancellations, falling demand

Measure’s modest amount of funding for infrastructure projects and clarification that PPP loans may not be taxed will help offset some of the challenges facing the construction industry.

Market Data | Dec 28, 2020

Construction employment trails pre-pandemic levels in 35 states despite gains in industry jobs from October to November in 31 states

New York and Vermont record worst February-November losses, Virginia has largest pickup.

Market Data | Dec 16, 2020

Architecture billings lose ground in November

The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.3 from 47.5.

AEC Tech | Dec 8, 2020

COVID-19 affects the industry’s adoption of ConTech in different ways

A new JLL report assesses which tech options got a pandemic “boost.”

Market Data | Dec 7, 2020

Construction sector adds 27,000 jobs in November

Project cancellations, looming PPP tax bill will undercut future job gains.

Market Data | Dec 3, 2020

Only 30% of metro areas add construction jobs in latest 12 months

Widespread project postponements and cancellations force layoffs.

Market Data | Dec 2, 2020

New Passive House standards offers prescriptive path that reduces costs

Eliminates requirement for a Passive House consultant and attendant modeling.

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