Jobs in Construction Rise By 84k in October
According to recent data from the Associated General Contractors of America, construction employment increased by 84k jobs in October, with jobs added in both nonresidential and residential categories. However, employment related to infrastructure experienced a decline. The AGC cautioned that the pandemic is causing a growing number of construction projects to be canceled or delayed.
“The employment data for October is good news, but our latest survey found that only a minority of contractors expect to add to their workforce in the next 12 months,” said Ken Simonson, the association’s chief economist.”