Construction Industry Adds 19,000 Workers in July

The construction industry added 19,000 jobs from June to July for a total of 7.97 million jobs, according to an analysis by the Associated General Contractors of America.

Year-over-year, construction employment was up 2.5%.

“The construction industry continues to add workers at a steady clip as demand for many types of construction remains strong,” stated Stephen E. Sandherr, AGC’s CEO. “Firms are boosting pay to cope with tight labor market conditions, which is bringing more former workers back into the job market.”

Unemployment rose from 3.5% in July 2022 to 3.9%. On the last day of June there were 378,000 job openings at construction firms.

Average hourly earnings in construction jumped 5.8% year-over-year to $34.24.

The full AGC report can be found at this link.

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