July Construction Employment Sees Strong Gains, but Worker Shortages Aggravate

Published: Aug 19, 2014
USACE, contractors work to cleanup debris in Tuscaloosa
Labor Department data, analyzed by the Associated General Contractors of America (AGC), reveals that the industry increased employment in 39 states between July 2013 and July 2014. An increase was also observed in 34 states between June and July.

According to Ken Simonson, AGC’s chief conomist, employment trends this year have been pretty consistent, “with more than three-fourths of states adding jobs each month on a year-over-year basis.” He goes on to add, however, that the issue with the skilled worker shortage seems to be growing worse, as more and more contractors are reporting difficulty filling in positions. The shortages seem to be worst in states with fast paces of development, such as Texas and Colorado. Therefore, AGC officials continue to push elected officials to take actions before the problem becomes too serious.

Nevada was the state with the highest year-over-year increase in construction employment – 13.4 percent. Next in line are Delaware with 13.3 percent and Florida with 11.1 percent.

Read the full press release on 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.