Biggest jump in construction jobs in a year

February 8, 2019 1:35 pm

The United States has seen the biggest jump in construction jobs in a year.

In January, there were almost 24,000 more residential construction jobs and also 53,000 non-residential construction jobs created. This brings the total to 2.9 million. That is according to figures from Bureau of Labor Statistics.

The total of the biggest jump in construction jobs in a year is split into 2.1 million residential specialty trade contractor jobs. It also consists of 835,000 builders’ jobs.

Over the last 12 months, home builders and remodelers added 130,700 jobs on a net basis. Since the low point following the Great Recession, residential construction has gained 916,600 jobs.

The unemployment rate for the construction sector has been trending downwards since February 2010 and remains historically low.

Source: http://nahbnow.com/2019/02/nearly-24000-residential-construction-jobs-added-in-january/