Construction Industry Adds 2K Jobs As Openings Hit Record-High

The construction industry added 2,000 jobs between March and April to a total of 7.6 million, according to an analysis by the Associated General Contractors of America.

The construction employment gains slowed from a surge of 19,000 construction jobs added between February and March.

“The pause in employment gains last month most likely signifies a shortage of qualified workers, rather than any slowdown in demand for projects,” stated Ken Simonson, AGC’s chief economist.

At the end of March, there were 415,000 construction industry job openings, a surge of 20% compared with March 2021 and the largest for any month since the series began in 2000, according to AGC. 

The unemployment rate among construction workers fell from 7.7% in April 2021 to 4.6%, the lowest April rate in 22 years. The number of unemployed construction workers fell by 40% to 464,000, also a 22-year low. 

Employment in residential construction rose by 3,800, while employment at nonresidential construction firms declined by 2,000, the first decline in that segment in eight months.

The full AGC report can be found here.

Page 1 of 861
Next Page
Resource Book
Looking for a specific product or a company? Wood Floor Business has the only comprehensive database of the industry.
Learn More
Resource Book
Podcasts
All Things Wood Floor, created by Wood Floor Business magazine, talks to interesting wood flooring pros to share knowledge, stories and tips on everything to do with wood flooring, from installation, sanding and finishing to business management.
Learn More
Podcasts