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ABC's Construction Economic Update covers the latest commercial and industrial construction economic news. Delivered electronically, it provides an analysis of the monthly economic indices released by the federal government, including construction spending, employment, the producer price index and the quarterly gross domestic product.  

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Posts Tagged 'Construction Employment'

We are pleased to present below all posts tagged with 'Construction Employment'. If you still can't find what you are looking for, try using the search box.

Nonresidential Construction Employment Ticks up Despite Dismal Overall Jobs Report

Nonresidential construction added 5,000 net new jobs in March, with nonresidential specialty trade contractors leading the way by contributing 4,400 new jobs, according  to the April 3 Bureau of Labor Statistics preliminary estimate. As a whole, the U.S. construction industry lost 1,000 jobs in March, while February’s construction employment estimate (29,000 new jobs) was unrevised. The residential sector also regressed in March, losing 2,800 jobs.

Nonresidential Construction Employment Up Again Despite Weather, Oil Price Fluctuations

The U.S. construction industry added 29,000 jobs in February, according to the March 6 Bureau of Labor Statistics preliminary estimate. In addition, January’s construction estimate was revised upward from 39,000 to 49,000 net new jobs. Nonresidential construction added 12,000 net new jobs in February, with nonresidential specialty trade contractors and nonresidential building adding jobs while the heavy and civil engineering segment reduced employment.

Strong Jobs Report Boosted by Construction

The U.S. construction industry added 39,000 jobs in January, including 12,700 net new nonresidential jobs, according to the Bureau of Labor Statistics (BLS) preliminary estimate released Feb. 6. December’s estimate was revised downward from 48,000 to 44,000 net new jobs. With revisions, nonresidential construction expanded by 21,200 jobs in December.

Nonresidential Construction Adds Nearly 5,000 Jobs in November

The U.S. construction industry added 20,000 jobs in November, with nonresidential construction contributing 4,900 of them, according to the Bureau of Labor Statistics preliminary estimate released Dec. 5. October’s overall construction estimate was revised downward from 12,000 to 7,000 net new jobs and nonresidential construction lost 2,100 jobs in October, after revisions.

Nonresidential Construction Employment Slips in October

The U.S. construction industry added 12,000 jobs in October, according to the Bureau of Labor Statistics (BLS) preliminary estimate released Nov. 7. September’s estimate was revised upward from 16,000 to 19,000 net new jobs. Nonresidential construction slipped in October, losing 1,900 jobs on a monthly basis. 

Nonresidential Construction Employment Remains Modest in September

The U.S. construction industry added 16,000 jobs in September, according to the Oct. 3 Bureau of Labor Statistics preliminary estimate released. The August estimate was revised downward from 20,000 to 16,000 net new jobs. Nonresidential construction added 3,200 jobs in September, accounting for only 20 percent of the total gain in construction employment.

Nonresidential Construction Employment Retains Momentum in August

The U.S. construction industry added 20,000 jobs in August, according to the Bureau of Labor Statistics report released Sept. 5 and July’s estimate was revised upward from 22,000 to 31,000 net new jobs. Nonresidential construction added 5,500 jobs in August, which could be considered a bit soft, but the segment added 15,200 jobs in July (revised upward from 6,600). 

Nonresidential Construction Employment Declines in May

The U.S. construction industry only gained 6,000 jobs in May, according to the June 6 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments lost 500 jobs in May, a surprising departure from the 12,600 jobs (revised) added in April. The residential sector performed slightly better, adding 3,300 jobs for the month. The heavy and civil engineering sector added 3,200 jobs in May and has added an impressive 32,600 jobs in the past 12 months.

Nation’s Construction Industry Adds 13,000 Jobs in June

In June, the nation’s construction industry unemployment rate fell to 9.8 percent for the first time since September 2007 with the addition of 13,000 jobs, according the July 5 report by the Department of Labor. Since June 2012, the industry has added 190,000 jobs—a 3.4 percent increase.

Construction Loses 6,000 Jobs in April

The construction industry lost 6,000 jobs in April according to the May 3 employment report by the U.S. Department of Labor, but the unemployment rate decreased to 13.2 percent, down from 14.7 percent in March and 14.5 percent in April 2012.