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Posted December 8, 2015

Construction adds 46,000 jobs in November

Worker shortage appears to be easing.


Construction Employment at Highest Level since January 2009 While New Multi-Year Highway and Transit Law Should Help Boost Employment in Heavy and Civil Engineering Construction

Construction firms added 46,000 workers in November for the biggest monthly gain in employment for the sector since January 2014, as the industry’s unemployment rate declined to 6.2 percent, according to an analysis by the Associated General Contractors of America. Association officials noted that the robust job gains come as demand for construction continues to expand and new federal transportation legislation will further boost employment in the sector.

“Construction firms appear to be having an easier time finding workers to hire after months of struggling with worker shortages,” said Ken Simonson, the association's chief economist. “Between accelerating construction spending and new transportation investments coming online, construction employment should continue to grow at a steady rate for the next several months.”

Construction employment totaled 6,490,000 in November, the most since January 2009, and is up by 259,000 jobs compared to a year ago, a 4.2 percent increase.

Residential construction increased by 32,100 in November and by 128,100, or 5.4 percent, compared to a year ago.

Nonresidential construction employers added 13,900 jobs for the month and 131,200 jobs compared to last November, a 3.4 percent increase.

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Source: www.AGC.org

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