Construction Jobs Continue to Rise Despite Setbacks

May 15, 2018

According to Construction Dive, the construction industry gained an impressive 17,000 jobs in April 2018. This growth comes after a loss of roughly 10,000 jobs in March of this year. Though loss is never exciting, it did come after February's whopping expansion of 61,000 jobs. Additionally, April's employment spike not only makes up for March's loss, but adds another 7,000 jobs to the industry.

A hike in pay may be helping this surge of jobs in the industry. The Associated General Contractors of America (AGC) reported pay raises in the industry this month as well. The current average construction wage is 10.4% higher than other non-farm industries, which is drawing in new workers and works with construction experience.

The overall industry employment is up to 7.17 million, which is a post-recession high and the closest we've seen to the Aprill 2006 pre-recession high of 7.726 million. All in all, despite minor setbacks, the construction industry is on the rise!

 


 
Construction Jobs Continue to Rise Despite Setbacks