The residential construction industry added 7,800 jobs in September, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics.
Year-over-year residential construction industry jobs increased by 1.8%, or 60,500 jobs.
Meanwhile, the construction industry as a whole added 25,000 jobs in September and 238,000 jobs from September 2023 to September 2024.
“The construction industry added jobs for the fifth consecutive month despite labor shortages,” ABC Chief Economist Anirban Basu said in a statement. “The industry unemployment rate rose to 3.7% in September, but that’s still lower than in any month on record before the second half of 2018 and half a percentage point below the economy-wide unemployment rate.”
Read the full report here.