Construction Employment Sees Gains Even Amid Harsh Weather
Analysis of data, released by the Labor Department, revealed that the construction industry contributed to job growth in 37 out 50 states between January 2013 and January 2014. At the same time, between December 2013 and January 2014 the growth was seen in 27 states.
According to representatives of the Associated General Contractors of America this means demand is definitely in recovery, considering the unfavorable winter temperatures. Still, AGC doesn’t fail to note that this growth is in peril due to the forecasted crisis with transportation funding in the summer. If Congress doesn’t take urgent measures and adopt a new bill, the Highway Trust Fund this will “threaten billions of dollars worth of construction projects.”
The five states with higher employment growth were Kansas (10.7 percent), Oregon (9.4 percent), Florida (9.2 percent), Minnesota (9.2 percent) and Alaska (9.1 percent). To see the full list, click here.
To read the full article, go to AGC’s website.