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Construction adds 14K jobs as employers boost wages, weekly hours amid labor shortage

November 18, 2016

According to BLS data, nonresidential specialty trade contractors saw the most month-over-month growth, adding 8,900 jobs (3.3%) since June, while residential specialty trade contractors had the biggest year-over-year surge at 5.1% (90,700 jobs).

In fact, the remaining BLS categories of residential building (m/m: 200 jobs; y/y: 4.3%), nonresidential building (2,600; 2.3%) and heavy/civil engineering (1,900; 0.1%) all showed month-to-month increases and year-over-year gains. Total construction employment reached 6,652,000 in July, which is 215,000 higher than July 2015.

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