Construction Employment Reaches 10-Year High as Industry Adds 13,000 Jobs in June and 282,000 for the Year; Hourly Earnings Top Private Sector by 10.1 Percent
Construction employment increased by 13,000 jobs in June and by 282,000 jobs over the past year, reaching a 10-year high, according to an analysis of new government data by the Associated General Contractors of America. Association officials said many construction firms appear to be more willing to hire amid lower tax rates and a more favorable business environment, but caution that trade fights and labor shortages pose risks to future growth.