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Home » Construction employment climbs in December; broader economy appears to slow
Construction employment rose for the 10th straight month, by 14,000 to 6,873,000, breaking the record set in March 2001. Since February the industry has added 173,000 jobs (+2.6%), while the rest of the economy has shed 285,000 jobs (-0.2%).
This month employment rose slightly in all three of BLS's construction segments. Over the past year, employment has risen 17,000 (+1%) in construction of buildings, 4,000 (+0.4%) in heavy and civil engineering construction, and 5,000 (+0.1%) among specialty trade contractors. Seasonally adjusted average hourly earnings in construction rose over the year by 29 cents (1.5%) to $19.10, 23% above the average for all private production or nonsupervisory workers. Average weekly earnings in the industry (not seasonally adjusted) rose 1.8% to $723.09, as average weekly hours remained nearly constant at 37.7.