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California Construction Growth Points To Long-Term Sustainability

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.

 

 

The kicker: Economists project many of these jobs to last for several years, a deviation from recent years when hirers brought aboard contractors for short-term projects.

That's because improved commercial confidence and state-funded infrastructure projects are fueling large-scale building projects.

"Many of the commercial projects are multiyear projects, so I think construction will remain strong for quite some time," Mark Vitner, a senior economist at Wells Fargo, told the Los Angeles Times.

California's construction industry was hit particularly hard by the recession of 2008, as was much of the West. The Golden State's rebound can be a blueprint for reconstruction, however.

Jobs listings on CareerCast.com show high demand for laborers, managerial staff and skilled trade workers on long-term projects all around the nation.

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