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U.S. Construction Employment Stalls in June

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Construction employment in the U.S. stalled in June as more former construction workers left the industry, according to an analysis of new federal data released July 6 by the Associated General Contractors of America. The lack of current job openings, along with the departure of experienced workers, suggests a potential skilled-labor shortage may be developing, construction association officials warned. "Employment in the construction industry has fluctuated within a very narrow range - one per cent above or below the June level of 5.5 million - for more than two years now," said Ken Simonson, the association’s chief economist.

Source: July 10 posting by the Daily Commercial News and Construction Record. Read more.

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