Construction Employment Grows 2.5% Year-Over-Year in December

The construction industry added 17,000 employees in December to total 8.05 million—a 2.5% gain compared with December 2022, according to an analysis by the Associated General Contractors of America.

“The above-average wages that the construction industry pays have helped contractors add workers,” stated Ken Simonson, AGC’s chief economist. “More than two-thirds of firms in our survey say they plan to expand in 2024 but they expect it will be as hard or harder to do than it was in 2023.”

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