Construction Employment Had Best May Since 2005

The continued flow of new jobs — an additional 17,000 in May and 273,000 over 12 months — has brought May construction unemployment to its lowest level in 10 years, according to an analysis by the Associated General Contractors of America (AGC).

All sectors of the industry added jobs.

“Construction employers continue to expand headcount as they adjust to growing demand for their services in many parts of the country,” said Ken Simonson, the association’s chief economist. “Right now the two most likely obstacles to the industry’s continued expansion are growing labor shortages and political gridlock that could curtail public sector investments in infrastructure and construction.”

For more information, visit the following link.

As construction spending grows, so do opportunities to incorporate energy-efficient designs in your projects — and to earn the Section 179D deduction (up to $1.80 per square foot). As the country’s leading specialist in this deduction, Concord has the experience, knowledge and capacity to handle any project, at every step of the way. Contact us at 888-897-5445 or via the following link, and find out what Concord can do.