Tag: labor

U.S. Labor Market Resurgent in June; Construction Adds 16,000 Jobs

ABCIncLogoNational construction employment added 16,000 net new jobs on a seasonally adjusted basis in June, according to an analysis of data from the U.S. Bureau of Labor Statistics by Associated Builders and Contractors (ABC). Overall construction employment expanded 3.1 percent on a year-over-year basis, easily outpacing the year-over-year growth rate of 1.6 percent for all nonfarm industries.

The nonresidential construction sector added 10,300 net new jobs in June after addingconstruction-workers 4,900 in May (revised upward from 4,400 jobs), while the residential sector added 6,000 net jobs for the month.

The construction industry unemployment rate, which fell 1 percentage point in May, declined further in June and now stands at just 4.5 percent. Construction unemployment tends to decline in the summer. However, the decline in unemployment is still significant because industry unemployment now stands near lows achieved in 2006.

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President Trump Signs Executive Order to Double Funds for Apprenticeships

THE ASSOCIATED PRESS – President Donald Trump is ordering more money and a bigger role for private companies in designing apprenticeship programs meant to fill some of the 6 million open jobs in the U.S.

TRESTLES - THE TOP 10 CONSTRUCTION OCCUPATIONS TO BE FILLED BY COMPLETED APPRENTICESHIPS IN 2017

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