Tag: unemployment

Nearly 200,000 Construction Jobs Added Since May 2016, ABC Says

Construction Unemployment Rates Improve in 24 States

Image result for association of builders and contractorsWASHINGTON, June 28 – In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). At the same time, the construction industry employed 192,000 more workers than in May 2016, according to data from the U.S. Bureau of Labor Statistics (BLS), and the national NSA construction unemployment rate was 5.3 percent, up 0.1 percent from a year ago.

ECONOMIC REPORT - CONSTRUCTION ESTIMATED UNEMPLOYMENT RATE APRIL 2017

Continue reading “Nearly 200,000 Construction Jobs Added Since May 2016, ABC Says”

Economic Update: US Construction Employment Remains Steady

Image result for association of builders and contractorsWASHINGTON, D.C., May 5—National construction employment remained largely unchanged for the second consecutive month, adding 5,000 net new jobs on a seasonally adjusted basis in April, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).
The nonresidential construction sector added 3,200 net new jobs in April after adding 8,500 net jobs in March (revised down from 13,300), while the residential sector added just 900 net jobs for the month. Construction employment expanded 2.6 percent on yearly basis, well above the year-over-year growth rate for all nonfarm industries (+1.6 percent).

“Today’s employment report confirms that the U.S. economic expansion remains firmly in place,” said ABC Chief Economist Anirban Basu. “That said, Continue reading “Economic Update: US Construction Employment Remains Steady”