Construction employment increased by 52,000 jobs in January and by 338,000 jobs, or 4.7 percent, over the past year, while the latest reading on construction spending showed moderate increases in all major categories, according to an analysis of new government data by the Associated General Contractors of America. (AGC).
\nAssociation officials urged government officials to strengthen career and technical education programs and facilitate immigration for workers with construction skills before a worker shortage stalls completion of needed infrastructure.
\n\u201cThere has been no letup in demand for construction projects\u2014or workers,\u201d said Ken Simonson, the association\u2019s chief economist. \u201cEven though the industry added employees at more than double the pace of the overall economy in the past year, the average workweek in construction reached an all-time high and unemployment in construction hit a series low, indicating that contractors would hire even more workers if they were available.\u201d
\nConstruction employment totaled 75 million in January, the most since January 2008. A report on construction spending\u2014delayed a month by the partial government shutdown\u2014showed an increase of 0.8 percent from October to November and 4.5 percent year-to-date for the first 11 months of 2018 combined compared to the same period in 2017.
\nYear-to-date spending rose by 3.9 percent for residential construction, 3.5 percent for private nonresidential construction and 7 percent for public construction.
\nAverage weekly hours in the industry increased to 39.9 hours in January, the highest since the series began in 2006, the economist noted. Average weekly hours of production and nonsupervisory employees, a series that dates back to 1947 and covers construction trades, set a record of 40.6 hours, Simonson added.
\nThe unemployment rate for jobseekers with construction experience in January was 6.4 percent, down from 7.3 percent in January 2018. The number of such workers fell to 638,000 from 707,000 a year earlier. Both figures were the lowest for January since those series began in 2000, Simonson pointed out.
\nIn a survey the association released in January, more contractors reported they expect the dollar volume of projects available to bid on to expand than to shrink in 2019 in each of 13 project categories. In addition, 79 percent of construction firms reported that they expect to add employees in 2019. However, nearly as many\u201478 percent\u2014reported they were having trouble filling some positions and 68 percent said they expected that hiring would remain difficult or become harder.
\nAssociation officials cautioned, however, that contractors\u2019 expansion plans could be thwarted if Washington officials fail to fund more career and technical education to prepare more individuals for construction careers and to allow firms that document a shortage of qualified workers to bring in workers from outside the U.S.
\n\u201cThe pool of unemployed workers with construction experience has virtually evaporated, and everyone in the industry is working longer hours than ever,\u201d said Stephen E. Sandherr, the association\u2019s chief executive officer. \u201cThe only way to satisfy the demand is to provide more people with the skills needed to work in construction and to expand the nation\u2019s labor force with qualified workers from outside our borders.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Construction employment increased by 52,000 jobs in January and by 338,000 jobs, or 4.7 percent, over the past year, while the latest reading on construction spending showed moderate increases in all major categories, according to an analysis of new government data by the Associated General Contractors of America. (AGC). Association officials urged government officials to […]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"yoast_head":"\r\n