The construction industry added 9,000 jobs in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics.
The construction industry added 9,000 jobs in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics.
On a year-over-year basis, industry employment increased by 258,000 jobs, an increase of 3.2%.
The majority of the increase came from nonresidential construction employment, which increased by 7,800 positions.
The construction unemployment rate fell to 5.2% in April as unemployment across all industries rose from 3.8% in March to 3.9% in April.
“Based on ABC’s Construction Confidence Index, there is more hiring to come,” said ABC Chief Economist Anirban Basu.
The full report from ABC can be found here.