The construction sector unemployment rate in June was 4.5 percent, nearly identical to the unemployment rate averaged across all industries and the lowest rate since 2000, according to the Associated General Contractors of America.
The construction sector unemployment rate in June was 4.5 percent, nearly identical to the unemployment rate averaged across all industries and the lowest rate since 2000, according to the Associated General Contractors of America.
Construction employment in June totaled 6.89 million, a gain of 16,000 jobs month-over-month and 206,000 year-over-year.
"Construction firms added employees over the past year at nearly double the rate of the overall economy, but the record-low unemployment rate for construction workers shows companies are having to reach outside the industry to fill positions," said Ken Simonson, the association's chief economist, in a statement. "Finding any qualified workers will likely become even harder with low unemployment throughout the economy."