The residential construction industry added 12,700 jobs from January to February, 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 1.5%, or 50,500 jobs.
The construction industry as a whole added 19,000 jobs in February and 174,000 jobs since February 2024.
“The February jobs report suggests that contractors’ ongoing optimism is justified,” ABC Chief Economist Anirban Basu said in a statement. “The industry added 19,000 jobs in February, making it the strongest month of growth since the third quarter of 2024, and the sizable jump in the industry unemployment rate indicates that the labor supply can accommodate ongoing hiring.”
Read the full report here.
