News

Construction Firms Add 27,000 Jobs In June As Sector鈥檚 Unemployment Falls To Lowest June Rate And Pay Levels Jump 4.6 Percent To $35.64 An Hour

 

The construction sector added 27,000 jobs in June while its unemployment rate fell to 3.6 percent, its lowest rate for the month, and pay levels in the industry continued to rise, according to an analysis of new government data the Associated General Contractors of America released today. Association officials said construction firms are boosting pay and taking other steps to recruit workers amid tight labor conditions.

鈥淐onstruction employment strengthened in June, with all segments adding workers despite recent weakness in demand for residential and commercial buildings,鈥 said Ken Simonson, the association鈥檚 chief economist. 鈥淔inding enough qualified workers remains a greater challenge for most firms than finding projects to work on.鈥

Read more.

Industry Priorities