Nonresidential construction

Washington , (Aug. 6) –

The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data by the United States Bureau of Labor Statistics. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

Nonresidential construction employment expanded by 2,900 positions on net, though more than 100% of the gains were among nonresidential specialty trade contractors, which added 7,500 jobs. The nonresidential building (-2,500) and heavy and civil engineering (-2,100) segments both lost jobs in July.

The construction unemployment rate fell to 6.1% in July. Unemployment across all industries declined from 5.9% in June to 5.4% last month.

To read the entire article please click on the link below.

https://www.constructionbusinessowner.com/news/nonresidential-construction-adds-only-2900-jobs-july

Tom is a construction estimator with over 35 years of experience in the industry from field work to general contracting.

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