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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
Booming Construction Regions Seek To Bridge Labor Gap
By: CareerCast.com
The fastest growing markets for construction jobs in the United States and construction companies say they are struggling with a shortage of qualified workers as the industry rebounds from the Great Recession. Consider Western Michigan. Ottawa County is the nation’s 19th fastest growing labor market for construction jobs with a 13 percent growth rate in the past 12 months, according to statistics gathered by the Associated General Contractors of America (AGC). The four-county Grand Rapids-Wyoming area is tied with Flint as the nation’s 22nd fastest growing market for construction jobs with a 12 percent growth rate. In Ottawa County, contractors ... more
Construction Hiring Rebound Spread Nationwide in 2015
By: CareerCast.com
The remarkable employment improvements seen in the construction industry during 2015 weren't limited to just a few pockets of the United States, per the Associated General Contractors of America . The organization issued its findings for 2015, reporting growth in construction hiring in 44 states, as well as Washington, D.C. An even distribution of new jobs suggests “Considering the fact construction employment is expanding in most parts of the country, it is easy to understand why many contractors are optimistic about 2016,” Stephen E. Sandherr, chief executive officer for the association said in a statement. 2016 forecasts are indeed positive ... 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