The construction industry is still facing âwidespread labor shortagesâ as the industry had 339,000 job openings the last day of May, according to the U.S. Bureau of Labor Statistics.
Industry job openings increased by 2,000 from April but are down by 38,000 since May 2023, according to BLS data.
The construction industry is still facing âwidespread labor shortagesâ as the industry had 339,000 job openings the last day of May, according to the U.S. Bureau of Labor Statistics.
Industry job openings increased by 2,000 from April but are down by 38,000 since May 2023, according to BLS data.
âWhile the number of open, unfilled construction positions has declined over the past year, the industry is still faced with widespread labor shortages,â Associated Builders and Contractors Chief Economist Anirban Basu said in a statement. âThe 4.0% of construction jobs that were unfilled in May is a higher rate than in the months leading up to the start of pandemic, a time when construction labor was already scarce. Because of these shortages, a higher share of construction workers quit in May than in any month over the past year.â
