Construction employment increased in 269 of 358 metro areas between September 2021 and September 2022, according to an analysis by the Associated General Contractors of America of new government employment data. But association officials noted that those job gains could stall as the industry faces a growing list of challenges, including labor shortages, rising materials prices and slowing private-sector demand for construction.
“Firms added as many workers as they could find during the past year to keep pace with strong demand for construction in many parts of the country,” said Stephen E. Sandherr, the association’s chief executive officer. “But as rising interest rates prompt developers to rethink future projects while prices for labor and construction materials remain high, fewer markets may experience job gains in the near future.”
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