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Showing posts with the label Construction Employment

Immigrants Represent a Growing Share of the U.S. Workforce

Immigrants represent a steadily growing share of the U.S. workforce, a trend that could be affected by efforts to overhaul immigration policy in the U.S., according to Bloomberg BNA. An annual report released May 18 from the Bureau of Labor Statistics shows the number of foreign-born workers in the U.S. increased to nearly 27 million in 2016—up about 700,000 from the previous year and representing 16.9 percent of the U.S. labor force. That is the highest proportion in records going back to 1996, when immigrants accounted for just 10.8 percent of the workforce. The report defines foreign-born workers as individuals who reside in the U.S. but were born outside the country to parents who were not U.S. citizens. It doesn't distinguish between legally admitted immigrants, refugees, temporary residents and undocumented immigrants. The share of immigrants in the U.S. workforce has grown steadily during the past six years after a slight dip during the last recession when foreign-born...

NONRESIDENTIAL CONSTRUCTION EMPLOYMENT DIPS IN AUGUST

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"ABC continues to believe 2014 will represent a year of more vigorous recovery; however, 2013 has proven to be a bit disappointing."   —ABC Chief Economist Anirban Basu. While overall national construction employment remained unchanged in August, nonresidential construction lost 3,300 jobs, according to the Sept. 6 employment report by the U.S. Department of Labor. Construction industry employment has grown 3 percent, adding 168,000 jobs, since the same time last year. Nonresidential construction accounted for 42 percent of that growth—making August a deviation from what generally has been a positive nonresidential construction employment trend. Although the national construction unemployment rate held steady at 9.1 percent on a non-seasonally adjusted basis, it is down from 11.3 percent in August 2012, representing an expansion from 8.17 million workers 12 months ago to 8.32 million workers in August 2013. Much of this growth is due to the uptick in residential building...