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Home » Construction Industry Adds 16,000 Jobs In August But Nonresidential Contractors Struggle To Fill Slots Amid 3.9 Percent Unemployment Rate
Economics

Construction Industry Adds 16,000 Jobs In August But Nonresidential Contractors Struggle To Fill Slots Amid 3.9 Percent Unemployment Rate

September 2, 2022Updated:December 12, 2023No Comments1 Min Read
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Economic Release: Construction Employment Data
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Construction firms added 16,000 jobs in August, according to an analysis of federal employment data released today by the Associated General Contractors of America. Association officials said their newly released survey, conducted with Autodesk, showed contractors are eager to hire more employees but are being stymied by a dearth of qualified workers.

“Nonresidential construction activity is growing but contractors universally report difficulty hiring as many workers as they need,” said Ken Simonson, the association’s chief economist. “With the industry unemployment rate hovering below 4 percent, finding qualified applicants is sure to remain a major challenge.”

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