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Construction Unemployment Falls to 14-Year Low as Employment Hits Highest Mark Since 2009; Data Point to Looming Worker Shortage

Construction employment in July climbed to the highest level since February 2009, while the number of unemployed workers with construction experience shrank to a 14-year low, according to an analysis by the Associated General Contractors of America. Association officials cautioned that the diminishing pool of available qualified labor may be having an impact on the industry’s ability to meet growing demand.

“It is encouraging to see construction employment rising again, but the industry could hire many more workers if they were available,” said Ken Simonson, the association's chief economist. “The lack of experienced construction workers may be impeding the industry’s ability to start or complete new projects. The recent acceleration in construction spending may soon level off unless the sector can draw in more workers with the right skills.”

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