Steel Markets
November 20, 2020
Construction Employment Struggles to Reach Pre-Pandemic Levels
Written by Sandy Williams
Construction employment is still below pre-pandemic levels in three-fourths of the nation, reveals the latest data analysis by the Associated General Contractors of Americas. Although 36 states added new construction jobs in October, the seasonally adjusted number was lower than in February before the pandemic took hold.
“An increasing number of nonresidential contractors are experiencing cancellations that are forcing them to lay off workers,” said Ken Simonson, the association’s chief economist. “Although single-family homebuilding and remodeling contractors are adding workers, most states are likely to have a net loss of construction workers soon, especially from high-paying, nonresidential jobs.”
