Q3 2024: Labor

Written By Centerline Design

The U.S. Dept. of Labor's Bureau of Labor Statistics reported that the construction industry added an estimated 25,000 jobs in July:

There is overall optimism in the construction labor gains. Both residential and non-residential sectors are filling positions around the country. However, this good news for construction hiring comes at a time when the overall US economy is at risk of slowing down and unemployment rates are at risk of climbing rapidly. [5]

(Note: average hourly earnings for production and nonsupervisory employees in construction has increased by 4.4% on average in the past year.)

Below are the top 5 states that witnessed the most hiring in construction employment in July 2024 according to the federal employment data released by the Associated General Contractors of America:

  • Florida

  • Tennessee

  • California

  • Ohio

  • Washington

    [6]

[5] Judy, S. (2024, August 2). Contractors kept hiring in July, adding 25K jobs. Engineering NewsRecord RSS. https://www.enr.com/articles/59073-contractors-kept-hiring-in-july-adding-25k-jobs
[6] Construction employment increases in 39 states between July 2023 and July 2024. Associated General Contractors of America. (2024, August 16). https://www.agc.org/news/2024/08/16/construction-employment-increases-39-states-between-july-2023-and-july-2024
Centerline Design
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Q3 2024: Industry