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Construction Hiring
By: CareerCast.com
At its nadir during the recession, construction employment fell below 5.5 million nationwide. No industry felt the squeeze of that period in the late 2000s-early 2010s quite like construction, and the climb back has been slow. However, with total construction employment in Summer 2016 sitting a bit below 6.7 million -- still 1 million below its peak in 2007 -- construction employers have encountered a new problem. They have more work available than people to complete projects. The National Association of Homebuilders released a report saying there are roughly 200,000 open jobs in construction as of August 2016. An increase ... more
Residential Construction Growth Means More Jobs
By: CareerCast.com
Construction workers seeking job opportunities have the best odds in the residential sector. Though still lagging behind national unemployment averages, construction employment outlook is creeping upward due to home sales. Housing numbers improved markedly in September, with new home sales improving 5.7%. The 27% increase during the past year brings the United States to a high not seen since the recession deepened in 2009. Housing sales jumped along with a 14.4% increase in home building. Since peaking in 2006, residential home building was on a six-year decline. This upswing is a needed positive for the struggling construction industry. Permits for ... more
New Building Trends Vary, But Indicators Are Positive
By: CareerCast.com
U.S. developers broke ground on new homes at a faster pace in July. The Commerce Department suggests that home building is maintaining its recovery but might be starting to feel the effects of higher mortgage rates. Builders began work on houses and apartments at a seasonally adjusted annual rate of 896,000 in July 2013. Construction began on 26 percent more apartments but 2.2 percent fewer single-family houses. Overall housing starts remain below the 1.5 million-a-year rate that’s consistent with a healthy market. Builders broke ground on 15 percent more single-family homes in July than a year earlier. And including apartments, ... more
Construction hiring has improved dramatically.
By: CareerCast.com
The U.S. Bureau of Labor Statistics estimates the construction sector accounted for 48,000 of the more than 250,000 jobs added to the American economy in December 2014. The construction industry is still behind pre-recession employment numbers, but hiring growth throughout 2014 saw the sector at more than 6 million employed workers for the first time in over five years. The upward trajectory is expected to continue into 2015, especially for construction workers in the Pacific Northwest. The Seattle Times reports construction hiring in Seattle-King County increased 5.3%, with more improvements to come. Meanwhile, The Oregonian reports Oregon employment reached a ... more
Working to Improve Construction Workplace Safety
By: CareerCast.com
Construction employers, in association with the Occupational Safety & Health Administration (OSHA), are dedicating the first week of May to workplace safety training. The National Fall Prevention Stand-Down campaign is designed to increase awareness and preventative training on construction sites. OSHA reports in 2014, there were 345 fatalities on construction workplaces caused by falls. While the National Fall Prevention Stand-Down dedicates a week to the cause of safety, employers can place year-round emphasis on safety. The CareerCast Construction Network database features jobs focused on safety in the construction industry.more
Work Culture is Changing with Technology
By: CareerCast.com
The construction marketplace faces huge technological changes in the next five years. Technology is changing the way many in the homebuilding industry do business and even the way they perform tasks on the jobsite. You’ve heard the saying “there’s an app for that.” Well, for builders and remodelers, it’s true! Continue reading at BuilderOnline.commore
Construction Market Improving, But Still Has Room For Growth
By: CareerCast.com
Analysis of federal labor data by the Associated General Contractors of America shows construction employment growth, but the report "shows the fragile and fragmentary nature of the industry’s recovery,” said Ken Simonson, the association’s chief economist, in a prepared statement. “Construction employment increased in 37 states during the past 12 months — the largest number with gains since early last year — but only two states have surpassed their pre-recession peaks, and barely a third of states added construction jobs between June and July,” he said. North Dakota, which is experiencing growth from an energy boom, and Louisiana are the ... more
Construction Growth Could Attract Manufacturing Jobs
By: CareerCast.com
Total construction put in place for 2014 will be $62 billion greater than last year — a 7% increase according to the latest report from FMI. CPIP should finish this year around $972 billion and is expected to top $1.04 trillion in 2015. Commercial and manufacturing construction are two of the largest growth sectors, accounting for more than $111 billion in new construction. Randy Giggard, managing director of research services for FMI says, “With new and apparently sustainable sources of natural gas and shale oil, America is on the verge of a veritable manufacturing renaissance building petrochemical plants in the ... more
Study Finds 93% of Millennial Renters Plan To Buy A Home
By: CareerCast.com
Trulia’s latest American Dream survey reveals consumer optimism about homeownership is rebounding as the housing market recovers, even among young adults who were often pegged as renters for life during the recession. Meanwhile, rising prices will encourage some homeowners to sell in 2013. Continue reading at Builder Onlinemore
Housing Construction Rebound Is Ongoing
By: CareerCast.com
The headline from the Commerce Department report on new home sales this morning was that August delivered a 7.9% increase over July. The Commerce Department numbers for August surprised analysts just like the existing home sales data last week because it seems that many folks have bought into the idea that rising interest rates are choking off the nascent housing recovery. Once again I stand by the opinion that no conclusive data exist that show we are seeing sales decline. The only declines we are seeing consistently are typical seasonal declines in activity. Our more detailed insights into new home ... more