ABC: Construction Jobs Grew By 23,000 in June

Date:

Construction employment climbed by 23,000 in June 2023, according to an Associated Builders and Contractors analysis of data issued by the U.S. Department of Labor Statistics on July 7.

Since June 2022, industry employment has increased by 198,000, or 2.6%, to 7.947 million.

Nonresidential construction employment increased by 12,200 net positions, with growth in two of the three subcategories. Heavy and civil engineering added 7,300 jobs, while nonresidential construction increased 5,400. Nonresidential specialist trade contractors collectively lost 500 jobs.

The construction industry’s unemployment rate has risen to 3.6%. The overall unemployment rate fell from 3.7% in May to 3.6% in June.


Amazing Builder Partners



Alex Matthews
Alex Matthews
Alex is one of our editors based out of Atlanta. He provides building and construction industry updates across mid to South Atlantic U.S.

Popular

Share post:

More like this
Related

Existing Home Sales Plunge to 13-Year Low as Mortgage Rates Surge

According to the National Association of Realtors, existing home...

Inflation Remains High as Housing Costs Continue to Rise

Despite a slowing in year-over-year growth, shelter costs continue...

The MITER Foundation raises over $4M for charity

In late September and early October, the MITER Foundation,...

Missing Middle Construction Stalled Since Great Recession

The missing middle construction sector comprises the development of...

Consumers’ Confidence Stalled Despite Concerns about the Future

This pessimism was mostly caused by ongoing inflation, particularly...

NAR: Existing home sales increased in January 2024

Following a cycle low in December, existing house sales...

Rental Focus in Multifamily Development Shows Slight Decline

According to NAHB's study of quarterly Census data, the...

Single-family Starts Post Unexpected Gain in September

Despite high mortgage rates averaging more than 7%, single-family...

Builders’ General Supply Company’s Jimmy Porcelli retires after 45 years

After 45 years of service, James "Jimmy" Porcelli retired...

Housing Starts Lower on Rising Mortgage Rates

Higher mortgage rates averaging above 7% slowed single-family production...

NAHB: 2-Story Home Shares Continue to Rise

According to the National Association of Home Builders' tabulation...

According to Realtors, The Most Crucial Factor Limiting Purchases is a Lack of Housing Inventory

According to a National Association of Realtors poll, nearly...

TK Elevator introduces EOX, a low- to Mid-rise Elevator that is both Eco-friendly and Digitally Native

TK Elevator, one of the elevator industry's global market...

Sherwin-Williams Introduces Anthology for Colormix Forecast 2024

Sherwin-Williams has launched a new biannual approach to the...

Kodiak Building Partners acquires Don’s Appliances

Kodiak Building Partners, a distributor of building materials and...

ODL Enters Exterior Door Market with the Acquisition of Tru Tech

ODL, Inc. has entered the external door market by...