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Construction Adds 22,000 Jobs In December, Jobless Rate Falls To 5 Percent As Ongoing Nonresidential Recovery Offsets Rare Dip In Residential Total

 

Construction employment increased by 22,000 jobs between November and December as nonresidential construction firms added workers for the fourth month in a row while residential construction employment slipped, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said the new employment figures are consistent with the results of a new outlook survey they will be releasing on January 12.

“Nonresidential contractors are increasingly busy and are eager to hire even more workers,” said Ken Simonson, the association’s chief economist. “But the low rate of unemployment and record job openings in construction show how difficult it is bringing enough workers on board.”

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