AGC: Rising Costs Threaten Hiring in Construction

Labor costs and a shortage of skilled workers may result in fewer construction jobs next year, according to the Associated General Contractors of America. 

Forty-four states and the District of Columbia added construction jobs between October 2017 and October 2018, while 36 states and D.C. added construction jobs between September and October, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials said that firms in most parts of the country are adding staff to keep pace with growing demand for construction, but cautioned that rising labor and materials costs could undermine future demand.