Construction Employment Sees Gains Even Amid Harsh Weather

Published: Mar 19, 2014

BC Gov Photos / Foter / CC BY-NC-ND

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.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.