A new report from the Bureau of Labor Statistics found that the U.S. construction industry added 45,000 jobs during the month of April. According to Associated Builders and Contractors, nonresidential construction employment rose by 12,400 jobs in April while nonresidential specialty trade contractors added 20,200 new jobs following a loss of 9,000 jobs in March.
The following is a breakdown of construction employment in April:
• Nonresidential building construction employment fell by 7,800 jobs for the month but is up by 16,600 jobs (2.4 percent) from the same time last year.
• The heavy and civil engineering construction segment added 8,400 jobs in April and employment is up by 33,100 positions (3.6 percent) year-over-year.
• Residential building construction employment expanded by 2,800 jobs in April and is up by 41,200 jobs (6.3 percent) on an annual basis.
• Residential specialty trade contractors added 20,800 net new jobs in April and has added 102,400 jobs (6.8 percent) since April 2014.
• Nonresidential specialty trade contractors added 20,200 jobs for the month and employment in that category is up by 76,400 jobs (3.5 percent) from the same time last year.
Mining and logging lost 15,000 net jobs in April after gaining jobs in every month during 2014. This sector lost more jobs during the first quarter of 2015 (-48,000) than it added in all of 2014.
“While the broader jobs report proved better than expected, April was the best month for construction employment since January 2014,” said Associated Builders and Contractors Chief Economist Anirban Basu. “Though it may have been expected to see solid job creation performance reflected in today’s report, it is still a relief to obtain a nice piece of data. Economic data regarding retail sales, industrial production, and other elements of economic life have largely been disappointing to date and the March jobs report fell in line with that series of uninspired results. Data regarding unemployment claims strongly suggested that employers viewed the recent bout of economic weakness as temporary. The lack of new lay-off activity indicates an ongoing demand for labor and April’s reasonably strong employment gains suggest that many employers continue to search for additional staffing."
Related Stories
Building Team | Jun 22, 2018
What owners should know before choosing the design-build project delivery method
Outside of drawing up a well-written contract, owners often overlook a key attribute that can significantly impact the success of a design-build project, writes Skanska’s Julie Hyson.
Building Team | Jun 13, 2018
How your AEC firm's brand affects recruiting top talent
There is a major shift in workforce demographics as upwards of 80 million baby boomers retire over the next fifteen years.
Sponsored | | May 24, 2018
Water treatment facility renovation benefits from laser scanning technology
Sponsored | Building Team | May 8, 2018
5 tips to improve employee utilization (and morale)
Ways to increase productivity and revenue, while providing a supportive workplace environment
Architects | Apr 5, 2018
Tech Report 5.0: The Human Touch
Can studying humans at a behavioral level produce better buildings? Cognitive architecture experts are working to find out.
Sponsored | Building Team | Mar 28, 2018
6 strategies to keep your project on budget
Here are six strategies to keep your projects on or even under budget.
Sponsored | | Mar 14, 2018
Getting there may be costing you more
Commercial transportation is getting more expensive, and it’s driving up the price of steel.
Sponsored | Building Team | Dec 12, 2017
3 tips to address the top causes of budget overruns
The most cited issues are communication breakdowns, inadequate fees for the work provided, and unrealistic deadlines or schedules.
Building Team | Nov 14, 2017
12 differences between average and high-growth firms
We’ve developed a pretty good understanding of what high-growth firms do differently from their average-growth peers.
