Construction Reporter
  • Home
  • Services
    • General Contractors
    • Subcontractors
    • Architects & Owners
  • Plans & Pricing
  • About
  • News
  • Contact
  • Post Your Project
  • Videos
  • Send Us Lows
  • Advertising
    • Newsletter Advertising

Construction News

national construction employment posts month of may gains

6/13/2018

0 Comments

 
Last month added to a national construction employment boom with the creation of more than 25,000 new jobs.

Those numbers, according to the Washington-based Associated General Contractors of America, are folded into an overall robust addition of 286,000 construction jobs nationally since May of 2017.

Altogether, current national construction employment now stands at 7.2 million, roughly 4.1 percent higher than where it was a year ago.

Average hourly earnings, according to the AGC, are also up at $29.65 an hour, a 3.2 percent increase over the spring of 2017.

“Construction pay, employment, and demand have all increased as business conditions have improved,” said Stephen Sandherr, AGC’s chief executive officer, in a statement on the latest job numbers.

Conversely, construction unemployed has dropped to 4.4 percent, one of the lowest rates ever recorded, and a decrease from 5.3 percent in May 2017.

The AGC is also reporting that residential construction has enjoyed a 4.9 percent increase over last year, with 132,000 new jobs since the spring of 2017.

Non-residential construction has seen a smaller 15,400 increase in jobs from May of 2017 to May of this year.

By Garry Boulard
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox. Sign up for our newsletter

    Subscribe

    Archives

    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

Home
Services
General Contractors
Subs & Suppliers
Architects & Owners
Plans & Pricing
About
News
Contact
Project Upload
FAQs
Videos

​Construction Reporter
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109

​Phone: 505-243-9793
Toll Free: 877-292-5793
​Fax: 505-242-4758


Timely, reliable news since 1949


Copyright © 2018 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • General Contractors
    • Subcontractors
    • Architects & Owners
  • Plans & Pricing
  • About
  • News
  • Contact
  • Post Your Project
  • Videos
  • Send Us Lows
  • Advertising
    • Newsletter Advertising