Construction Employment Surge Continues

AGC

According to the Associated General Contractors in a story published March 6, 2015, construction employment numbers have increased, and unemployment has decreased, to almost pre-Recession numbers.

The figures by AGC, which are tabulated at least in party by Department of Labor figures as well as some input from the industry itself, show that construction employment totaled 6,353,000 in February 2015.  According to the story, this is the highest mark since February 2009, with a 12-month gain of 321,000 jobs.

In a prior article on this site, KentuckyConstruction.com reported that Louisville Metro jobs increased over 3,500 in the past year (December 2013 to December 2014).

Concern was expressed, however, for highway and transit employment outlook given continued uncertainty in regards to the Highway Trust Fund’s status.

“Association officials said that employment in highway and transit construction was at risk if Congress and the Obama administration fail to find a way to pay for, and enact, a long-term federal highway and transit bill.  They said that even as many states take measures to cope with declining federal transportation funding, if Washington can’t pass a bill by May 31 when current legislation expires, some firms may have to reduce staff. “

Full story:

http://www.agc.org/construction-firms-add-29000-jobs-february-industry-employment-highest-level-2009-sector%E2%80%99s