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Construction Firms Add 32,000 Jobs In July As Sector's Unemployment Rate Drops To 3.5 Percent and Number Of Unfilled Positions Nears Record Level

 

Construction firms added 32,000 jobs in July as the sector's unemployment rate fell to 3.5 percent and the number of unfilled construction positions approaches record levels, according to an analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the job gains were welcome news but would have been higher if firms could find more workers to hire.

"Construction firms are doing their best to add new workers to keep pace with strong demand for construction," said Stephen E. Sandherr, the association's chief executive officer. "Despite the month's big gains, the industry’s job gains would have been even higher if there were more people available to hire."

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