--- title: Construction Unemployment at Historic Lows - Concord LP | Concord Energy Strategies description: While June construction employment kept even with May’s levels, unemployment in the sector fell to its lowest level since 2001, according to an analysis by the Associated General Contractors of America (AGC). And average weekly hours rose to 39.9, the highest June level since the series began in 1947. Association officials warned that the potential […] image: https://www.concordlp.com/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg --- [Home](https://www.concordlp.com/) [/ News](https://www.concordlp.com/news) / Construction Unemployment at Historic Lows ![](https://www.concordlp.com/hubfs/Blog%20Assets/blog-header-bg.webp) [Construction](https://www.concordlp.com/news/tag/construction) Published: Jul 02, 2015 | Updated: Jul 02, 2015 | 1 min # Construction Unemployment at Historic Lows Posted By [ Concord ](https://www.concordlp.com/news/author/concord) Share Now [![Share on linkedin](https://www.concordlp.com/hubfs/linkedin-icon.svg) ](http://www.linkedin.com/shareArticle?mini=true&url=https://www.concordlp.com/news/construction-unemployment-historic-lows&utm_medium=social&utm_source=linkedin) [![Share on twitter](https://www.concordlp.com/hubfs/x-icon.svg) ](https://twitter.com/intent/tweet?original_referer={{%20social_link_url%20}}&url={{%20social_link_url%20}}&source=tweetbutton&text={{content.name|striptags}) [![Share on facebook](https://www.concordlp.com/hubfs/facebook-icon.svg) ](http://www.facebook.com/share.php?u=https://www.concordlp.com/news/construction-unemployment-historic-lows&utm_medium=social&utm_source=facebook) ![link-icon](https://www.concordlp.com/hubfs/link-icon.svg) While June construction employment kept even with May’s levels, unemployment in the sector fell to its lowest level since 2001, according to an analysis by the Associated General Contractors of America (AGC). And average weekly hours rose to 39.9, the highest June level since the series began in 1947. Association officials warned that the potential shortage of skilled workers could cause problems for large and/or complicated projects. ** **“Expanding job opportunities throughout the economy make it increasingly difficult for contractors to find experienced construction workers,” said Ken Simonson, the association’s chief economist. “This scarcity shows up in record workweeks for craft workers and flattening of employment totals despite higher construction spending.” For more information, [visit the following link](https://www.agc.org/news/2015/07/02/construction-unemployment-falls-lowest-june-level-2001-while-employment-ties-six). ***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](mailto:dennis@concordlp.com), and find out what Concord can do.*** Related Articles ![](https://www.concordlp.com/images/Related%20article%20image.png) Jul 16, 2025 179D Extended! 2017 Projects Now Eligible ## Related **articles** ![](https://www.concordlp.com/hs-fs/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg?width=800&height=500&name=concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg) [Construction](https://www.concordlp.com/news/tag/construction) Aug 01, 2016 ### Construction Spending Declines [Explore resource](https://www.concordlp.com/news/construction-spending-declines) ![](https://www.concordlp.com/hs-fs/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg?width=800&height=500&name=concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg) [AIA](https://www.concordlp.com/news/tag/aia) Jul 26, 2016 ### AIA Sees Steady, but Moderating, Path Ahead for Construction [Explore resource](https://www.concordlp.com/news/aia-sees-steady-moderating-path-ahead-construction) ![](https://www.concordlp.com/hs-fs/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg?width=800&height=500&name=concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg) [Construction](https://www.concordlp.com/news/tag/construction) Jul 08, 2016 ### Construction Employment Hits Doldrums Early [Explore resource](https://www.concordlp.com/news/construction-employment-hits-doldrums-early) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Concord", "url" : "https://www.concordlp.com/news/author/concord" }, "dateModified" : "2024-03-19T12:36:40.115Z", "datePublished" : "2015-07-02T04:00:00.000Z", "headline" : "Construction Unemployment at Historic Lows - Concord LP | Concord Energy Strategies", "image" : [ "https://www.concordlp.com/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.concordlp.com/news/construction-unemployment-historic-lows", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.concordlp.com/hubfs/concord-logo.svg" } } } ```