Construction Employment Rise May Not Last, Warns Contractors Association
Government information shows construction jobs are on the rise across the land, but there's a take a chance that growth has already begun to slow.
According to an analysis of regime data by the Associated General Contractors of America, 31 states saw a ascension in construction employment from May to June. The construction sector added 158,000 jobs nationwide, with 82,600 of them in residential construction.
New York, a state heavily impacted by the coronavirus and related shutdowns before in the year, added 24,000 construction jobs from May to June, the most of any state. Conversely, Louisiana saw the largest drop in construction employment over the same time catamenia, losing three,900 jobs.
While some might be tempted to run across this growth as part of an ongoing upward trend, AGC officials are less optimistic. Part of their concern stems from data from Procore, a construction management software that tracks, among other things, the corporeality of hours workers spent on the jobsite.
Procore'south software reported that while there was certainly a sharp rise in construction activity in early June, jobsite hours have dropped significantly since. In the get-go weeks of that month, Procore software recorded jobsite hours at around 15.ane million per week. But by the end of the month it had fallen to 14.6 one thousand thousand per week
"The widespread job gains in June follow fifty-fifty more universal increases in May," said Ken Simonson, the AGC'due south chief economist. "Merely the government's employment snapshot was based on payrolls during the calendar week of June 12. More recent information nerveless by Procore on hours worked on jobsites suggests employment topped out around mid-June and may have begun to decline."
Association officials likewise voiced concerns that recent spikes in coronavirus rates across the country would force some states dorsum into stricter lockdown protocols, delaying projects and forcing more layoffs. Stephen Sandherr, the AGC's CEO, called on the federal regime to help keep construction rates from declining once again.
"Only the federal government has the means to go on infrastructure and other needed public structure on runway," said Stephen Eastward. Sandherr, the association'southward chief executive officer. "It would exist tragic to miss the opportunity to back up the economic system, keep thousands of structure employees at work, and invest in much-needed upgrades to roads, transportation facilities, water and sewer systems."
Source: https://www.familyhandyman.com/article/construction-employment-rise-may-not-last-warns-contractors-association/
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