Construction Adds 20,000 Jobs in September as Unemployment Hits Six-Year Low

Construction employment rose by 20,000 in September and the industry’s unemployment rate fell to a six-year low of 8.5 percent, while construction spending increased for the fifth consecutive month in August, according to an analysis of new government data by AGC of America. Association officials cautioned that the data does not address any potential impacts from the recent federal government shutdown. “Both of these reports show the industry was doing relatively well before the federal government shutdown forced many firms to hit the pause button,” said Ken Simonson, the association's chief economist. “But the shutdown likely disrupted a wide variety of projects and may have caused private investors and developers to delay decisions about new projects or plant expansions. As a result, future spending and hiring gains may be weaker.” Read the full release here. The news was covered by local radio coverage, USA Today, Los Angeles Times, Pittsburgh Tribune-Review, Riverside Press Enterprise, Phoenix Business Journal, Memphis Business Journal, ENR and Globe Street.