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AGC: Construction employment shows signs of stabilizing

Post Time:Jul 21,2010Classify:Industry NewsView:133

Construction employment edged closer to stabilizing in June, as half the states either added construction jobs or kept the same number as in May, the Associated General Contractors reported in an analysis of federal employment data released today. Compared to June 2009, construction employment rose in six states, the largest number of states to post year–over–year increases since October 2008.

“It is encouraging to see some states adding construction jobs and the declines in others getting less severe,” said Ken Simonson, chief economist for the construction trade association. “But there’s little room to celebrate with overall construction employment at a 14–year low and demand for most construction services still weak,” according to a July 20 AGC of America release.

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