Construction employment jumps by 5% in February

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Construction employment jumps by 5% in February

Keep up with the latest from CCR-Mag.com

Fill out the form Below

Construction employment increased by 58,000 jobs in February to the highest level since November 2008 with gains in both residential and nonresidential segments, according to an analysis of new government data by the Associated General Contractors of America. The association urged public officials to strengthen training and education programs to help students and current workers better prepare for careers in the high-paying construction field. 
Construction employment totaled 6,881,000 in February, an increase of 58,000 from the upwardly revised January total and an increase of 219,000 or 3.3 percent from a year ago. The year-over-year growth rate was almost double the 1.8 percent rise in total nonfarm payroll employment. Furthermore, average hourly earnings in construction amounted to $28.48 or 9.2 percent more than the average for the overall private sector, he said.
Residential construction—comprising residential building and specialty trade contractors—added 18,900 jobs in February and 136,200, or 5.3 percent, compared to a year ago. Nonresidential construction (building, specialty trades, and heavy and civil engineering construction) employment increased by 38,500 employees in February and 82,600 employees, or 2.0 percent, over 12 months.
Association officials noted that continuing growth in construction depends on having an adequate supply of new workers to replace those who retire or leave the industry for other reasons. The association urged lawmakers and government officials to expand and fund employment and training programs to equip students and workers with the skills needed to become productive construction employees.

Events

Read more BELOW

 

The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.

2024 Virtual Men’s Round Tables

2023 Virtual Men’s Round Table was held on November 7th, 2023 via Zoom.


 

2024 Virtual Women’s Round Table

2023 Women’s Round Table #1 was held on October 20th, 2023 via Zoom

News

Costa Rica’s Hotel Belmar named #3 Best Resort in Central America

Recognized for its varied wildlife, sustainability efforts, adventurous and wellness pursuits and more, the country of Costa Rica (Travel + Leisure’s Destination of 2024) continues to produce the best and brightest in the hospitality industry. In the recently released Travel + Leisure World’s Best Awards 2024,

Supplements/Podcast
See Website for Details

This content (including text, artwork, graphics, photography, and video) was provided by the third party(ies) as referenced above. Any rights or other content questions or inquiries should be directed such third-party provider(s).

Receive the CCR 2024 Idustry Report

Get ahead of your Competitors with CCR's FREE Industry Insider's Report 2024!

Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry. 

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page