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Home » Construction Employment Stalls As Industry Unemployment Rate Falls To 4.5 Percent, Lowest Ever For April, Highlighting Difficulty Filling Jobs
Economics

Construction Employment Stalls As Industry Unemployment Rate Falls To 4.5 Percent, Lowest Ever For April, Highlighting Difficulty Filling Jobs

May 6, 2022Updated:December 7, 2023No Comments1 Min Read
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Economic Release: Construction Employment Data
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Construction employment edged up by 2,000 jobs between March and April as contractors scrambled to find workers in an increasingly tight labor market, according to an analysis by the Associated General Contractors of America of new government data. Association leaders urged officials in Washington to address both short- and long-term worker shortages with expanded permits for foreign-born workers and support for career training and education to enable more workers to acquire the skills for high-paying construction careers.

“The pause in employment gains last month most likely signifies a shortage of qualified workers, rather than any slowdown in demand for projects,” said Ken Simonson, the association’s chief economist. “In fact, job openings in construction hit an all-time high at the end of March, while the industry’s unemployment rate was the lowest ever recorded for April.”

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