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Posts Tagged ‘construction jobs’

2010 Produces Construction Employment Decline In 36 States

January 26, 2011 5 comments

Unreal.

Thirty-six states lost construction jobs in 2010 as the industry shrank by 93,000 employees nationally, the Associated General Contractors of America reported in an analysis of state employment data released today by the Labor Department. The figures underscore the challenges facing the construction industry and echo the results of the construction industry outlook the association released yesterday.

Full Article: Construction Employment Declines in 36 States During Past Year

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Categories: Construction

Construction Industry Unemployment Still Up Despite Addition Of 5,000 Jobs

November 9, 2010 23 comments

The Associated General Contractors of America released some puzzling math in the construction industry employment numbers.

Even as the number of people working in construction increased by 5,000 between September and October 2010, the industry’s unemployment rate rose to 17.3 percent, according to an analysis of federal employment figures released today by the Associated General Contractors of America. Temporary government investments boosted commercial construction employment, offsetting further job losses in residential construction, association officials noted.

“Despite significant help from programs like the BRAC and the stimulus, construction employment continues to lag behind much of the private sector,” said Stephen E. Sandherr, the association’s chief executive officer. “It is yet another indicator that the economy has a long way to grow before demand for new office buildings, retail centers and manufacturing facilities returns.”

Association officials noted that construction employment lagged behind other sectors of the economy. For example, while total private employment rose by 1.1 million during the past 12 months, the construction industry lost 122,000 jobs. Meanwhile, the industry’s unemployment rate is nearly double the unadjusted national rate of nine percent.

Full Press Release From: AGC of America

Categories: Construction, News

Are Infastructure Jobs The Key To A Economic Recovery?

November 2, 2010 Leave a comment

There is a belief that an investment in infrastructure will drive economic growth. 

The Association of Equipment Manufacturers (AEM) and some of their partners in the construction business—have been telling Congress and the administration that if they are really serious about driving true economic recovery and job creation, infrastructure is where their focus should be.

Infrastructure investment is a proven economic engine with staying power—not only does it drive growth, it creates lasting benefits. According to the U.S. Department of Transportation, 30,000 jobs are created for every $1 billion spent on infrastructure. And a modernized infrastructure system will give America the competitive edge in the global economy while improving the lives of Americans for generations to come.

Stimulus money is nearing an end; state and local budgets continue to shrink; and with a slowing recovery, the prospects for a sustained rebound in sales and employment are weakening. But the stimulus was meant to be a short-term boost. Without longer-term funding certainty, state and local governments can’t adequately plan projects.

Investing in the rebuilding and modernization of our nation’s roads, bridges, railways, runways and transit systems is a strategy that Democrats and Republicans alike should be clamoring to support. Instead, caught up in partisan rancor, Congress has let a six-year bill expire while America falls behind other nations that are building infrastructure for future competition in the global marketplace. In the short term, this will continue to cost American jobs. In the long term, it will cost us our competitive advantage—and even more jobs.

Full Article: Industry Voices: Infrastructure Jobs Can Help Rebuild Economy

Mike Rowe of “Dirty Jobs” backs the idea.

Rowe joined up with the “I Make America” campaign, an effort supported by the Association of Equipment Manufacturers, to talk about strengthening domestic manufacturing jobs.

“I am the opposite of expert, I am a good sport, I am a perpetual apprentice and the only qualifications I really have are that I’ve been to most every state and I’ve had about 300 dirty jobs,” the TV host told Yeas & Nays, calling himself a “B-list” celebrity.

Full Article: Rowe touts ‘Dirty Jobs’ in Washington

Categories: Construction, News

Jobs Added In 25 States and D.C. In August

September 22, 2010 Leave a comment

Recovery or smoke screen?

Construction jobs were added in half the states in August, while the number of states with year–over–year job gains rose to 10 from just six in July, the Associated General Contractors reported in an analysis of state employment data released today by the Labor Department. The number of states that increased construction employment over 12 months was the largest since October 2008.

Read Full Article: AGC of America

Categories: Construction, News

Construction Employment Slump Reaches 14 Year Low

July 7, 2010 Leave a comment

And the hits keep coming…

Seasonally adjusted construction industry employment slipped in June to the lowest total since July 1996 while the industry’s unemployment rate remained at 20.1 percent, more than double the average for all workers, according to analysis of new federal figures by the Associated General Contractors of America.

“The recession may have ended a year ago for most of the economy, but for construction, job losses and business closures continue every month,” said Ken Simonson, chief economist for the construction trade association.

Full Article from [ForConstructionPros.com]

Categories: Construction, News

Construction Hiring On The Rise

April 20, 2010 Leave a comment

26 States add construction jobs in March.

Construction hiring rose in more than half of the country in March, according to the latest state employment figures from the Bureau of Labor statistics.  Nationally, 15,000 new construction jobs were added last month, the first net gain in the industry since June 2007. [CNBC Reports]

“It’s too early to tell whether these numbers reflect the start of a positive trend, or the impact of a warm March following a snowy February,” said Ken Simonson, chief economist for the Associated General Contractors of America.

Let’s hope for the positive trend thing!

Categories: Construction, News

Increase In Construction For February

March 19, 2010 Leave a comment

According to McGraw-Hill Construction things are looking up, at least in some sectors in February with a 5% bump in job starts.

At a seasonally adjusted annual rate of $440.9 billion, new construction starts in February climbed 5% from the previous month.  Much of the lift was provided by the public works sector, reflecting strength for both transportation and environmental projects.  Residential building also showed improvement in February, but nonresidential building slipped back after January’s gain.  For the first two months of 2010, total construction on an unadjusted basis came in at $57.2 billion, essentially the same amount as reported during the first two months of 2009.

February 2010 Construction Starts

 

JANUARY 2010 CONSTRUCTION STARTS

MONTHLY SUMMARY OF CONSTRUCTION STARTS
Prepared by McGraw-Hill Construction Research & Analytics

Monthly Construction Starts
Seasonally Adjusted Annual Rates, In Millions of Dollars

    February 2010   January 2009   % Change
 Nonresidential Building  $147,260  $158,322  -7
 Residential Building  $141,282 $134,007  +5
 Nonbuilding Construction  $152,317  $127,655  +19
  Total Construction  $440,859  $419,984  +5

The Dodge Index
(2000=100, Seasonally Adjusted)

February 2010 ……………………… 93
January 2010 ……………………….. 89

YEAR-TO-DATE CONSTRUCTION STARTS
Unadjusted Totals, In Millions of Dollars

  2 Mo. 2010   2 Mo. 2009   % Change
 Nonresidential Building  $21,125  $25,453  -17
 Residential Building  $17,274 $13,588  +27
 Nonbuilding Construction  $18,833  $18,093  +4
  Total Construction  $57,232  $57,134  0

[McGraw Hill Forecasts & Trends]

Categories: Construction, News