Browse by Date - 201801

CONSTRUCTION EMPLOYERS ADD 30,000 JOBS IN DECEMBER AND 210,000 IN 2017; HOURLY EARNINGS RISE 3.0 PERCENT AS SECTOR COMPETES TO ATTRACT WORKERS

Industry Employment Reaches Nine-Year High and Unemployment Rate Falls to 5.9 Percent; Association Officials Say Most Construction Firms Predict they Will Continue Adding Jobs in 2018 Amid Strong Demand 

SEVENTY-FIVE PERCENT OF CONSTRUCTION FIRMS PLAN TO EXPAND HEADCOUNT IN 2018, CONTRACTORS ARE OPTIMISTIC ABOUT STRONG ECONOMY, TAX & REGULATORY CUTS

Seventy-five percent of construction firms plan to expand their payrolls in 2018 as contractors are optimistic that economic conditions will remain strong as tax rates and regulatory burdens fall, according to survey results released today by the Associated General Contractors of America and Sage Construction and Real Estate. Despite the general optimism outlined in Expecting Growth to Continue: The 2018 Construction Industry Hiring and Business Outlook, many firms report they remain worried about workforce shortages and infrastructure funding.