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Home » Construction Adds Only 1,000 Employees In October As Firms Struggle To Find More Workers To Hire Amid Tight Labor Conditions For The Sector
Economics

Construction Adds Only 1,000 Employees In October As Firms Struggle To Find More Workers To Hire Amid Tight Labor Conditions For The Sector

November 4, 2022Updated:December 19, 2023No Comments1 Min Read
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Economic Release: Construction Employment Data
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The construction industry added only 1,000 employees in October while it continued to boost wages for hourly workers as firms compete to hire from a small labor pool, according to an analysis by the Associated General Contractors of America of new government data. Association officials said the small increase in construction employment is an indication of how hard it has become for construction firms to find qualified workers to hire.

“The construction sector would likely have added more jobs in October if only firms could find people to bring on board,” said Stephen E. Sandherr, the association’s chief executive officer. “Labor market conditions are so tight, however, that the sector barely increased in size even as demand remains strong for many types of construction projects.”

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Trump Administration Moves to Reinstate Prior Endangered Species Act Changes

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