Steel Markets
July 19, 2020
Construction Employment Rises in June, But Work Hours Diminish
Written by Sandy Williams
Construction employment rose in 31 states from May to June, but new data from construction technology firm Procore shows hours on the job slipping.
“The widespread job gains in June follow even more universal increases in May,” said Associated General Contractors of America Chief Economist Ken Simonson. “But the government’s employment snapshot was based on payrolls during the week of June 12. More recent data collected by Procore on hours worked on jobsites suggests employment topped out around mid-June and may have begun to decline.”
