The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …
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U.S. Economy Adds 115,000 Jobs in April, Construction Sector Sees Gains
Job growth persisted in April despite elevated interest rates and rising geopolitical uncertainty related to the Iran conflict, according to the National Association of Home Builders. The unemployment rate held steady at 4.3% in April and wage growth accelerated, with …
Read More »Construction Job Openings Fall to Lowest Level Since 2017
The labor market for construction sector jobs remained lower than last year at the end of 2024, following a slow period associated with declines in some areas of the residential construction industry, according to the Bureau of Labor Statistics Job …
Read More »Construction Job Market Remains Stable
According to the National Association of Home Builders (NAHB), residential construction employment is now at 3.4 million, with 961,000 builders and 2.4 million residential speciality trade contractors. In December 2024, construction workers saw a 5.5% unemployment rate. This is slightly …
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