Texas and Wyoming Have Worst Job Losses in the Past Year, While Utah and Idaho Top Gainers; Texas and Iowa Rebound the Most from February’s Storms, as Nevada Posts Biggest Monthly Loss
Construction employment in March remained below March 2020 levels in 35 states despite a sizzling homebuilding market and a strong recovery from severe winter weather, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials cautioned, however, that a host of challenges, including continued project cancellations, rising materials prices, and supply chain uncertainties are making business conditions for contractors difficult.
“Nonresidential contractors are coping with a depleted list of projects, extreme cost increases, and unprecedented supply-chain problems,” said Ken Simonson, the association’s chief economist. “These headwinds are likely to keep industry employment in many states below pre-pandemic levels for months.”