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Don’t Let Construction Employment Trends Scare You
By: CareerCast.com
We don’t need to remind you that the building industry took quite a hit during the last recession. This year’s forecast for construction employment , says the Dodge Outlook Report , is also pretty iffy. Single-family and multifamily housing will show about 10% improvement – not great, but at least it’s trending in the right direction. Industrial construction is forecast to slip in 2012. Don’t expect a flood of opportunity in public works – due to budget cuts, new projects are harder to come by. Looking for work? You’re not alone. Construction employment is challenging, but the jobs are out ... more
Construction Growth Into Summer
By: CareerCast.com
Employment increased more than forecast in June, wages picked up and the U.S. jobless rate held close to a four-year low. "The job market is stronger," said Harm Bandholz, chief U.S. economist at UniCredit Group in New York and the top forecaster of payrolls over the past two years, according to data compiled by Bloomberg. "It's a good number, especially with the upward revisions." Fed "tapering is getting closer." Construction companies added 13,000, the most in three months. Summertime construction employment has increased each of the past three years, but tapered off into the fall. Continuing on its current momentum ... more
Most In-Demand Construction Jobs
By: CareerCast.com
With construction hiring at a five-year high and the industry's unemployment at a seven-year low, openings could slow. In a recent Construction Global article, Ken Simonson, Chief Economist at the Associated General Contractors of America commented. "...the fact that the number of unemployed experienced construction workers is now at the lowest August level since 2007 means more contractors may soon have trouble filling key positions." Still, there are plenty of great jobs with high-demand in the construction. The following are the top 10. CONTINUE READING AT NOLA.COMmore
Growth Potential For Construction Management
By: CareerCast.com
Despite disappointing overall job growth in the second half of 2015, the construction industry's continued rebound is a decided positive. And there's reason for optimism ahead, particularly for those seeking upper-level careers in construction. The U.S. Department of Labor (DOL) reports 8,000 new construction jobs added in September 2015, the sector's seventh consecutive month of growth. The climb to pre-recession employment continues, and among the most promising areas within the construction industry are managerial positions. A study conducted by Colorado State University reports job placement of graduates from its Department of Construction Management nearing 100%. The Bureau of Labor Statistics ... more
The Seasonal Roller Coaster of Jobs in Construction
By: CareerCast.com
The economic downturn in construction has been fueled largely by over-building of larger scale homes. If you've worked in this industry for years, you know that construction of new homes virtually stopped for a while, forcing many in the industry to work fewer hours for less pay - or not at all. Fortunately, signs of revival in the real estate market have led to a moderate recovery in demand for new homes in some markets, but the industry overall is still depressed, limiting employment options. That said, there are ways to gain construction employment as the market slowly rebounds. To ... more
Housing Growth Fuels Employment Outlook
By: CareerCast.com
Americans' confidence in the economy fell only slightly in July but stayed close to a 5 1/2-year high, a sign that consumers should continue to help drive growth in the coming months. A recovery in housing is boosting confidence, and a separate report Tuesday offered more encouraging news on that front. The Standard & Poor's/Case-Shiller 20-city home price index jumped 12.2 percent in May compared with a year ago. That's the biggest annual gain since March 2006. The gains were widespread with all 20 cities reporting monthly and annual increases. CONTINUE READING AT TULSA WORLDmore
Construction Jobs Plentiful For Those With The Skills
By: CareerCast.com
Construction hiring slowed to a crawl during the recession. Now, an improving economy has sparked more construction activity, but employers are having difficulty finding qualified workers, according to a new report by a national contractors' organization. Nationally, 83 percent of construction firms reported varying degrees of difficulty in filling key professional and craft worker positions, according to the report released Wednesday by the Associated General Contractors of America, based in the Washington, D.C., area. In Ohio, 91 percent of construction firms reported such difficulties in hiring, the report said. About 2 million workers lost jobs in the construction industry during ... more
Construction Skills Will Give You Job Opportunities in 2016
By: CareerCast.com
The U.S. Bureau of Labor Statistics reported a final 2015 figure of 6,538,000 employed in the construction industry, the sector's highest employment rate since Jan. 2009. Construction's long, gradual ascent back to a pre-recession workforce has hinged on the overall improvement of the American economy, and continuously robust economic indicators suggest 2016 should be another positive year for the construction industry. However, construction employers seeking workers may face an unexpected labor shortage due to a skills gap. “With the construction industry expanding at rates not seen since the downturn, public officials need to make sure we are encouraging and preparing ... more
Specialty Trade Jobs Provide Best Construction Options
By: CareerCast.com
Construction workers seeking gainful employment may be best served pursuing specialty trade opportunities. The U.S. Bureau of Labor Statistics (BLS) released its August job report on Friday, which stated there was “little change” in construction employment. However, the Associated General Contractors of America (AGCA) reports there were 8,200 new hires in specialty trade fields, offering some relief to those still feeling the effects of the 2008 housing bubble burst. Electrician and plumbers/pipefitters/steamfitters account for more than 600,000 of the specialty trade workers, per the BLS. Both fields have positive growth outlooks for the coming years, with hiring expected to outpace ... more
Construction Job Openings Reaching Five-Year Highs
By: CareerCast.com
U.S. employers in June advertised the most jobs in five years. The Labor Department said Tuesday that job openings rose 29,000 in June from May to 3.94 million. That's the most since May 2008. Openings for construction jobs up and the industry's unemployment is at its lowest since summer 2008, the U.S. Bureau of Labor Statistics reports. CONTINUE READING AT SEATTLE TIMESmore