US construction employment and wages increase

By Andy Brown09 October 2019

usflag_236207

Construction employment in the US is at the lowest it has been for ten years 

Construction employment increased again from August to September in the US, resulting in around 7,000 jobs being added, according to the Bureau of Labor Statistics.

These figures mean that construction unemployment in the US is at 3.2% – the joint lowest it has been in the last decade.

The report also showed that construction wages are at their highest for the last decade. Average hourly earnings are at US$30.81, a year-over-year increase of 66 cents and US$5.93 more than reported in September 2009. 

To put this into a wider context, the national unemployment rate in the US is 3.5%.

Commenting on the figures, Ken Simonson, chief economist at Associated General Contractors of America, said, “Contractors foresee plenty of projects to bid on, and nearly three-fourths of firms expect to add workers during the next twelve months, but most are finding it hard to find qualified workers to hire.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
10 ways to join the hydrogen power revolution
Interest in the use of hydrogen has soared over the past few years as the construction industry races to reduce its carbon footprint. We roundup some recent initiatives
Telescopic boom lifts - the trends
Higher capacities and 100% electric models are the trend. And what lies ahead for 200ft models, or above?
How construction can become sustainable
The construction industry is undergoing a transformative shift to adapt more environmentally friendly practices
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA