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
Resort Design | Mar 16, 2015
Giancarlo Zema Design Group unveils plans for semi-submerged resort in Qatar
The resort will have four semi-submerged hotels that look similar to super-yachts, each including 75 luxury suites with private terraces.
Mixed-Use | Mar 13, 2015
Dubai announces mega waterfront development Aladdin City
Planned on 4,000 acres in the Dubai Creek area, the towers will be covered in gold lattice and connected via air-conditioned bridges.
Contractors | Mar 13, 2015
Construction materials prices rise for first time in six months
The largest monthly gain in petroleum prices in over three years caused construction materials prices to expand 0.4% in February, ending a six-month streak when prices failed to rise, according to the Bureau of Labor Statistics.
High-rise Construction | Mar 12, 2015
Foster and Partners designs 'The One' in Toronto
Developer Sam Mizrahi worked with Foster and Partners and Core Architects to design Toronto's tallest skyscraper aside from the CN Tower, The One, which will house a luxury shopping mall and condos.
Contractors | Mar 12, 2015
Construction demand exploding in 2015, but costs complicate recovery
Raw materials and labor costs temper expectations for soaring profits.
Modular Building | Mar 10, 2015
Must see: 57-story modular skyscraper was completed in 19 days
After erecting the mega prefab tower in Changsha, China, modular builder BSB stated, “three floors in a day is China’s new normal.”
Sponsored | Metals | Mar 10, 2015
Metal Building Systems: A Rising Star in the Market
A new report by the Metal Building Manufacturer's Association explains the entity's efforts in refining and extending metal building systems as a construction choice.
Retail Centers | Mar 10, 2015
Retrofit projects give dying malls new purpose
Approximately one-third of the country’s 1,200 enclosed malls are dead or dying. The good news is that a sizable portion of that building stock is being repurposed.
Retail Centers | Mar 10, 2015
Orlando's Skyscraper to be world's tallest roller coaster
The Skyscraper is expected to begin construction later this year, and open in 2016. It will stand at 570 feet.
Museums | Mar 9, 2015
Architecture based on astronomy principles for new planetarium in Shanghai
The ancient Chinese civilization left some of the earliest records of humans studying the stars and skies. To exhibit this long history, a new planetarium and astronomy museum is planned for construction in Shanghai.
