Overall construction employment fell by 7,000 between May and June to a total of 7.4 million, according to an analysis by the Associated General Contractors of America. Compared with pre-pandemic numbers, June construction employment lagged by 238,000, a fall of 3.1%.
Overall construction employment fell by 7,000 between May and June to a total of 7.4 million, according to an analysis by the Associated General Contractors of America. Compared with pre-pandemic numbers, June construction employment lagged by 238,000, a fall of 3.1%.
“It is hard for the industry to expand when it can’t find qualified workers, key building materials are scarce, and the prices for them keep climbing,” AGC CEO Stephen E. Sandherr said in a statement. “June’s job declines seem less about a lack of demand for projects and a lot more about a lack of supplies to use and workers to employ.”
Compared with June 2020, the construction unemployment rate fell from 10.1% to 7.5%. The residential construction sector gained 15,200 employees in June and increased its workforce by 1.7% over the past 16 months. The nonresidential construction sector shed 22,600 jobs in June and declined 6.2% compared with pre-pandemic employment in February 2020.
The full AGC report can be found here.