The construction industry had 236,000 job openings on the last day of January, a 31,000 increase from the previous month, according to the U.S. Bureau of Labor Statisticsâ Job Openings and Labor Turnover Survey.
On a year-over-year basis, construction job openings were down 42.0%, representing 171,000 fewer jobs.
âWhile construction job openings remained subdued in January, industrywide labor force churn increased meaningfully,â Associated Builders and Contractors Chief Economist Anirban Basu said in a statement. âBoth hires and separationsâincluding layoffs, discharges and quitsâaccelerated to the fastest rate since the first half of 2024.â
Read the full report here.
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