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 | Aug 18, 2020
6 must reads for the AEC industry today: August 18, 2020
The world's first AI-driven facade system and LA's Greek Theatre restoriation completes.
Market Data | Aug 17, 2020
5 must reads for the AEC industry today: August 17, 2020
5 strategies for creating safer hotel experiences and how to manage multifamily assets when residents no longer leave.
Market Data | Aug 14, 2020
6 must reads for the AEC industry today: August 14, 2020
The largest single sloped solar array in the country and renewing the healing role of public parks.
Market Data | Aug 13, 2020
5 must reads for the AEC industry today: August 13, 2020
Apple Central World opens in Bangkok and 7-Eleven to buy Speedway.
Market Data | Aug 12, 2020
6 must reads for the AEC industry today: August 12, 2020
UC Davis's new dining commons and the pandemic is revolutionizing healthcare benefits.
Market Data | Aug 11, 2020
6 must reads for the AEC industry today: August 11, 2020
Elevators can be a 100% touch-free experience and the construction industry adds 20,000 employees in July.
Market Data | Aug 10, 2020
Dodge Momentum Index increases in July
This month’s increase in the Dodge Momentum Index was the first in all of 2020.
Market Data | Aug 10, 2020
Construction industry adds 20,000 employees in July but nonresidential employment dips
Association warns skid will worsen without new relief.
Market Data | Aug 10, 2020
5 must reads for the AEC industry today: August 10, 2020
Private student housing owners reap the benefits as campus housing de-densifies and race for COVID vaccine boosts real estate in life sciences hubs.
Market Data | Aug 7, 2020
6 must reads for the AEC industry today: August 7, 2020
BD+C's 2020 Color Trends Report and HMC releases COVID-19 Campus Reboot Guide for Prek-12 schools.