Steel Products
June 2, 2018
Construction Employment Highest Since June 2008
Written by Sandy Williams
Construction employment continued to expand, increasing by 25,000 jobs to 7,210,000 for the month of May, according to an analysis of government data by the Associated General Contractors of America. Employers added 286,000 jobs over the past year.
Construction employment grew 4.1 percent over the past 12 months, significantly higher than the 1.6 percent rise in total nonfarm jobs, said AGC. Construction employment is at its highest level since June 2008 due to tax reform, reduced regulatory burdens and higher infrastructure spending.
