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Construction Jobs Increase by 4,000 in May and 215,000 Over 12 Months as Industry Unemployment Rate Falls to Record-Setting Low of 3.2 Percent

June 7, 2019

Construction employment increased by 4,000 jobs in May and by 215,000, or 3.0 percent, over the past 12 months, while the number of unemployed jobseekers with construction experience fell to a record low, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that an extremely tight job market, rather than softening demand for projects, probably explains the modest employment increase in May.

“The construction industry unemployment rate in May was even lower than for the overall economy,” said Ken Simonson, the association’s chief economist. “Even though average pay in construction is 10 percent higher than in the private sector as a whole, the number of job openings keeps climbing.”

Read full news release here

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