U.S. Construction Labor Trends

The construction industry added 10,000 jobs on net in November, according to the data released on December 6th by the U.S. Bureau of Labor Statistics.

On a year-over-year basis, industry employment has risen by 211,000 jobs, an increase of 2.6%. Nonresidential construction employment increased by 6,800 positions on net, with growth in two of the three subcategories. Nonresidential specialty trade added the most jobs, with employment increasing by 7,000 positions. Heavy and civil engineering added 1,500 jobs, while nonresidential buildings lost 1,700 jobs in November. With industrywide employment growth outpacing the broader economy over the past few quarters and contractors on net expecting to increase their staffing levels over the next six months, it appears that construction job openings will rise through the early months of 2025.

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