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Construction Industry Is Strengthening
By: CareerCast.com
Automatic Data Processing (ADP), a leading provider of payroll services, has released its February employment report, a report that it creates each month in association with Moody’s Analytics. According to their calculations, the national economy added 198,000 jobs (from nonfarm private employers) in February 2013. January’s job totals were also revised upward by 23,000 jobs, from 192,000 jobs added to 215,000. ADP and Moody’s report doesn’t break down the data in as detailed a way as does the U.S. Department of Labor’s Bureau of Labor Statistics in its monthly report (due to be released Friday, March 8), so the analogous ... more
Infrastructure Hiring Can Have Important Economic Impact
By: CareerCast.com
The economic argument that government can create construction jobs quickly by investing in infrastructure doesn’t begin to capture the employment benefits of infrastructure, a new Brookings Institution study reports. Most of the jobs created by infrastructure investment in the nation are held by people who operate infrastructure systems and facilities. Brookings found that laborers and freight, stock and materials handlers and movers accounted for 3,740 infrastructure jobs in the Albuquerque area. More than 5,500 workers drove trucks and delivery service vehicles. Thousands more operated buses, taxis and other transportation service equipment. “By limiting infrastructure employment to construction alone, and viewing ... more
Summer Hiring Season Off To A Big Start
By: CareerCast.com
U.S. Department of Labor estimates for May 2015 show a 17,000-person increase in the hiring of construction workers, kicking off the summer season with a bang. The summer months are typically the most robust hiring time in the construction industry. May's considerable employment gains follow a huge April, in which construction was responsible for 20% of all hires made for the month. The construction sector as a whole has almost a half-million more employees now than two years ago at this time, and nearly 900,000 more than in 2010, when construction employment was at its worst. Expect the growth to ... more
Dealing with Difficult Construction Job Managers
By: CareerCast.com
The quickest way for anyone to end up resenting their job is having an overbearing, micromanaging, in-your-face boss. No matter how much they might enjoy the satisfaction of their construction job, if they have a difficult job manager, it has the ability to completely strip away the worker's desire to drive into work in the morning. Difficult managers are apparent in every work force, but when it comes to heavy machinery, strenuous lifting and difficult tasks, the last thing a construction worker wants to deal with is someone barking orders continually at them; all while the worker is attempting to ... more
Housing Rebound Likely With Building Permits Rising
By: CareerCast.com
Builders began work on more houses in February and permits for future construction climbed to the highest level in almost five years, pointing to a sustained rebound that will help power the U.S. expansion. Housing starts climbed by 0.8 percent last month to a 917,000 annualized pace, the Commerce Department reported today in Washington. Permits rose 4.6 percent to a 946,000 rate, the most since June 2008. Advances in residential construction will probably give an even bigger boost to growth this year than in 2012, when it contributed for the first time in seven years. The gains are rippling through ... more
Cleveland A Region Seeing Construction Jobs Growth in Recession Recovery
By: CareerCast.com
Development occurring across Northeast Ohio, where the recession's deep freeze left empty lots in housing developments and half-finished building skeletons in shopping centers. Today, downtown Cleveland is booming with new hotels, an Ameritrust rotunda in the process of being revitalized and the first office tower in decades. According to the Federal Reserve Bank of Cleveland, construction employment in Greater Cleveland last September was still 16 percent below the pre-recession rate. Nevertheless, Joel Elvery, a Federal Reserve economist, is cautiously optimistic. "A lot of (commercial) projects were put on hold during the recession because they couldn't get financing," Elvery said. "Now ... more
California Construction Growth Points To Long-Term Sustainability
By: CareerCast.com
Construction hiring in California has grown exponentially in the last half-year, and the way in which new jobs have been filled points to a strategy of long-term sustainability for the industry. The U.S. Bureau of Labor Statistics reports as of May 2015, there are nearly 720,000 construction workers employed in the state. That's the most robust employment for the industry since the end of 2008, and an improvement of more than 30,000 jobs just since December 2014. RELATED: View Construction Jobs Open Now The kicker: Economists project many of these jobs to last for several years, a deviation from recent ... more
How to Find Jobs in Construction When There’s no Construction
By: CareerCast.com
Construction jobs and building-trade careers are growing more and more difficult to find. With the housing market flat and new construction projects at a standstill, contractors and the general laborers they employ are feeling the pressure. Remaining optimistic is tough when there aren't any construction jobs available. Yet, for every opportunity, there are hundreds of people who need and want the chance to bid on a job. Understanding the reality of the tough marketplace is fine but don’t let negative news define your future. How the recession has crippled the construction industry There are several reasons the construction industry is ... more
Four-Year Housing Construction High Is Good News For Workers
By: CareerCast.com
Construction spending in the U.S. rose in February, paced by the highest level of home building in more than four years. Outlays climbed 1.2 percent to an $885.1 billion annual rate, following a 2.1 percent decrease in January, the Commerce Department reported today in Washington. The median forecast of 41 economists surveyed by Bloomberg called for a 1 percent rise. Near record-low borrowing costs and an improved outlook for jobs are lifting demand for residential real estate, giving a boost to homebuilders including KB Home. Faster hiring would ensure a more sustained rebound in the industry, allowing for bigger gains ... more
Top States for Residential Home Sales June 2013 To June 2014
By: CareerCast.com
New home sales data from the Census Bureau showed a drop of 8.1 percent on a seasonally-adjusted basis. The decline since the beginning of the year comes to 11 percent. The northeastern U.S. markets slowed sharply. In June, and so far in July, we are back to a situation where home shoppers are shopping but a relatively small proportion of them are actually buying. This is explained in some cases by a long lead time (people taking longer to make a decision), and in other cases by a complete reluctance to buy. CONTINUE READING ATmore