Construction Employment in March Sees Growth in 38 States Compared to Last Year
Construction employment in March 2014 increased in 38 states compared to the same time last year, according to data by the Associated General Contractors of America (AGC). A decline was observed in 11 states, while only Alaska remained at the same levels as last year.
According to AGC’s chief economist, Ken Simonson, the fact that the increase did not spread to more states can be attributed to two reasons. The first one is the unexpectedly long and harsh winter, while the second one is that “single-family homebuilders are not adding workers as some forecasters expected.”
Simonson expects single-family homebuilding to remain at similar levels of employment, but predicts growth in two other sectors – non-residential construction and apartment construction.
To AGC officials this is a clear sign that the industry will benefit from improvement of training programs, as well as adopting “initiatives to draw workers into construction.”
Read the full press release on AGC’s website.
Latest posts by Vic Lance (see all)
- How to Become a Mortgage Broker - November 21, 2017
- Car Wash Owners in NYC: New Rules Regarding Your Surety Bond - November 16, 2017
- How To Be A Successful Freight Broker [Infographic] - November 16, 2017