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Construction employment increases in March
Staff Report //April 8, 2019//
Listen to this articleConstruction employment increased by 16,000 jobs in March and by 246,000 jobs, or 3.4%, over the past year, according to an Associated General Contractors of America analysis of government data.
Construction jobs totaled 7,446,000 in March 2019, a growth rate double the 1.7% gain in total nonfarm payroll employment, the association said in a news release. Construction average hourly earnings increased 3.3% over the year to $30.45.
“Construction employment rebounded in March, indicating that the dip in February was probably related to extreme weather conditions and not the beginning of a slump,” Ken Simonson, the association's chief economist, said in the release. “In fact, the construction industry has added jobs at twice the rate of the overall economy in the past year.”
Construction employees averaged 39.9 hours of work per week in March, Simonson said. The number of unemployed jobseekers whose last job was in construction totaled 490,000 in March, down from 696,000 such workers in March 2018.
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