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Home » Construction Sector Adds 8,000 Jobs In December As Industry Employment And Wage Gains Outpace Growth Rates For The Overall Economy In 2024
Economics

Construction Sector Adds 8,000 Jobs In December As Industry Employment And Wage Gains Outpace Growth Rates For The Overall Economy In 2024

January 10, 2025Updated:January 27, 2025No Comments1 Min Read
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Construction sector employment increased by 8,000 positions in December as the industry’s headcount and wages in 2024 both rose faster than in the broader economy, according to an analysis of new government data the Associated General Contractors of America released today. Association officials noted that most contractors are optimistic about demand for projects and expect to continue adding employees in 2025 according to a new survey the association released this week.

“While construction job gains have slowed lately, the industry is still adding workers at a stronger clip than the broader economy,” said Ken Simonson, the association’s chief economist. “Construction employment should grow faster in 2025, assuming contractors can find enough qualified workers to meet demand.”

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Building Construction Data Construction Employment Federal/Heavy Highway Infrastructure Utility
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