The construction industry added 24,000 employees overall in February to a record 7.9 million, according to an analysis by the Associated General Contractors of America.
The employment gains followed “hefty” pay raises for hourly workers in the industry, AGC noted. Pay levels for hourly workers in construction increased 6.1% year-over-year to an average of $33.57.
“Average hourly earnings for craft and office workers in construction have consistently risen more sharply than across the private sector as a whole for several months,” stated Ken Simonson, AGC’s chief economist. “That has helped the industry add employees at a strong clip—but many more are still needed.”
The full AGC report can be found here.