Construction Jobs Rise for 10th Consecutive Month to Three-year High


Construction industry employment climbed for the 10th consecutive month in March, as the sector added 18,000 jobs and surpassed 5.8 million employees for the first time since September 2009, according to an analysis of new government data by the Associated General Contractors of America.

Association officials cautioned that the industry could experience both layoffs for some skilled trades and shortages of others unless policy makers boost infrastructure investment and allow importation of needed workers.

“The nearly steady expansion of construction payrolls since hitting bottom in January 2011 brought the industry’s unemployment rate down to 14.7 percent last month, the lowest March rate since 2008,” Ken Simonson, the association's chief economist, said in a statement. “Unfortunately, the decline is less a result of the 370,000 construction hires than because more than a million and a half experienced workers have left the industry since its peak by taking other jobs, retiring or leaving the workforce. That makes shortages of skilled workers increasingly likely in high-demand crafts such as pipefitting, welding and some residential activities.”
(From the Tampa Bay Business Journal)



Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602

Comments

  1. Such a nice post
    "All Stars Roofing is a Roofing company Offering Roof Repair and Roofing installation services in Oakville, Burlington, Mississauga, Etobicoke, Halton Hills."
    Hamilton Roofing
    Roof Repair Mississauga
    Roofing Companies Oakville
    Roofing Oakville
    Roofing Burlington

    ReplyDelete

Post a Comment

Popular posts from this blog

Pleading Elements of Fraud in the Inducement

Pleading Elements of Unjust Enrichment

Pleading Elements of Fraudulent Misrepresentation