Nonresidential Construction Employment Rises in October, Says ABC
The construction industry added 44,000 jobs on net in October, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 963,000, or 86.5%, of the jobs lost during earlier stages of the pandemic.
Nonresidential construction employment increased by 33,000 positions on net, with all three subcategories showing gains for the month. Nonresidential specialty trade contractors and heavy and civil engineering added 19,300 and 12,100 jobs, respectively, while nonresidential building employment rose by 1,600 positions.
The construction unemployment rate decreased to 4.0% in October. Unemployment across all industries fell from 4.8% in September to 4.6% last month.