Industry employment has reached a new high, with growth likely to continue.
An estimated 36,000 construction jobs were added to the market in January according to data assembled by the Associated General Contractors of America (AGC). January numbers have raised industry employment to pre 2008 figures. In an industry where finding qualified workers can be difficult, we have managed to reach a new high. Employers have also boosted pay for this particular reason, the AGC says. Increasing the number of qualified workers is a focus of the industry. The AGC is asking lawmakers to expand funding, hoping to gain more qualified potential workers.
“This report aligns with what contractors have been telling the association — that the construction industry is still eager to add workers,” Ken Simonson, the association’s chief economist noted. “The employment gains would be even larger if there were enough workers with the right skills available to hire.”
Construction employment has reached 6.8 million, about 2.6 percent higher than this time last year. Average per hour pay has also increased 3.2 percent to $28.52. With the government’s help in increasing programs to bring qualified individuals to the workforce, the construction industry can continue to grow at a healthy rate.
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