Mon. Jul 22nd, 2024

AGC reports strong jobs numbers for April

By Vaseline May27,2024
AGC reports strong jobs numbers for April

ARLINGTON, VA. – Construction employment increased in 39 U.S. states in April from a year earlier, while 29 states added construction jobs between March and April, according to a new analysis of federal employment data released by the Associated General Contractors of America.

“Demand for construction workers remains positive in most states, but there are risks to further gains,” said Ken Simonson, the association’s chief economist. “Stricter tariffs and stricter restrictions on material purchasing could lead to project cancellations and delays, jeopardizing job growth.”

Between April 2023 and April 2024, Texas added the most construction workers (30,500 jobs, 3.7 percent), followed by Florida (22,100 jobs, 3.5 percent), Michigan (16,100 jobs, 8.5 percent) and California (15,100 jobs , 1.7 percent). per cent). Alaska had the largest percentage increase in 12 months (18.0 percent, 3,000 jobs), followed by South Dakota (10.4 percent, 2,900 jobs), Arkansas (9.1 percent, 5,700 jobs), Michigan and Nevada (8, 5 percent, 9,500 jobs). jobs).

New York lost the most construction jobs over the past 12 months (down 7,100 jobs, down 1.8 percent), followed by Ohio (down 6,700 jobs, down 2.8 percent), Maryland (down 6,400 jobs, down 1.8 percent), decrease of 4.0 percent) and Colorado. minus 4,300 jobs, 2.3 percent). The largest percentage losses occurred in Maryland, followed by DC (down 3.3 percent, 500 jobs), Ohio and Colorado.

This month, manufacturing employment rose in 29 states, fell in 18 states and DC, and remained unchanged in Mississippi, Rhode Island and South Carolina. Michigan added the largest number and percentage of jobs this month (4,200 jobs, 2.1 percent). Other states with large monthly increases include Washington (3,100 jobs, 1.4 percent), Missouri (2,300 jobs, 1.5 percent) and New York (1,700 jobs, 0.4 percent). Other states with large percentage gains are Hawaii (1.7 percent, 700 jobs), Missouri and Washington.

Association officials said the new increased rates on steel, aluminum and solar panels would increase project costs and lead to cancellations that could hurt construction jobs.

They added a survey the association recently released found that most highway contractors said a proposed end to Buy America waivers would increase costs and delay federally supported projects, undermining the benefits of those projects.

Related Post