Construction employment declined 62% year-over-year in June, despite an uptick in employment from May to June, an analysis by the Associated General Contractors of America found.
“Many indicators since the employment data were collected in mid-June suggest construction employment will soon decline, or stagnate at best, in much of the country,” AGC Chief Economist Ken Simonson said in a statement.
Construction employment fell in 225 of 358 metro areas, remained stagnant in 39, and increased in only 94 metro areas (26%) in June.
New York City lost the most construction jobs over the past 12 months with a decline of 38,200 (24%), and Brockton-Bridgewater-Easton, Mass., had the largest percentage decline with -37% (-2,200 jobs).
Austin-Round Rock, Texas, added the most construction jobs year-over-year in June with 4,100 jobs (6%), while Walla Walla, Wash., had the highest percentage increase with 27% (300 jobs).
The full AGC report can be found here.
