Construction Employment Up Sharply in March
April 1, 2016
Construction employment increased by 37,000 jobs in March, making a total of 300,000 jobs added over the past year, according to an analysis by the Associated General Contractors of America (AGC).
The association also released another analysis, showing that construction spending increased in February in all major categories of the industry.
“These two reports confirm that demand for construction is robust and well-balanced among residential, private nonresidential and public segments,” said Ken Simonson, the association’s chief economist. “Compared with the same month a year ago, the industry is adding workers at more than double the rate of the overall economy, and construction spending continues to rise at a double-digit pace.”
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