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Construction Unemployment Rate Sets 24-Year Low of 3.6%

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The construction industry added 23,000 jobs in June, according to analysis of federal data by both the Associated Builders and Contractors and Associated General Contractors.

Over half of the increase came from nonresidential construction firms, which added a total of 12,200 positions with growth in two out of three categories.

Heavy and civil engineering firms added 7,300 positions, while nonresidential building added another 5,400 jobs. Nonresidential specialty trade contractors lost 500 jobs on the net.

construction employment growth June 2022 vs. June 2023Associated Builders and ContractorsMeanwhile, employment at residential building and specialty trade firms grew by 10,800.

Construction employment in June totaled 7,947,000, seasonally adjusted, an addition of 23,000 or 0.3 percent from the month prior. 

The sector has added 198,000 jobs during the past 12 months, an increase of 2.6 percent. 

Association officials said there appears to be continuing demand for construction services and that employers likely would have added even more jobs if they could find more qualified workers to hire.