Construction Firms Add 27,000 Jobs In June As Sector’s Unemployment Falls To Lowest June Rate And Pay Levels Jump 4.6 Percent To $35.64 An Hour

Fri, 07/05/2024 - 10:37

The construction sector added 27,000 jobs in June while its unemployment rate fell to 3.6 percent, its lowest rate for the month, and pay levels in the industry continued to rise, according to an analysisof new government data the Associated General Contractors of America released today. Association officials said construction firms are boosting pay and taking other steps to recruit workers amid tight labor conditions.

"Construction employment strengthened in June, with all segments adding workers despite recent weakness in demand for residential and commercial buildings," said Ken Simonson, the association's chief economist. "Finding enough qualified workers remains a greater challenge for most firms than finding projects to work on."

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