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    Home » Trends » Nonresidential Construction Jobs Down in January
    Trends

    Nonresidential Construction Jobs Down in January

    BEX StaffBy BEX StaffFebruary 9, 2021No Comments1 Min Read
    Credit: Associated Builders and Contractors
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    By Associated Builders and Contractors

    The construction industry lost 3,000 jobs on net in January 2021, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last nine months, the industry has added 857,000 jobs, recovering 77 percent of the jobs lost during earlier pandemic stages.

    Nonresidential construction employment fell by 1,900 jobs on net in January. Heavy and civil engineering added 2,000 jobs for the month, but those gains were offset by losses in nonresidential specialty trade and nonresidential building, which lost 3,300 and 600 jobs, respectively.

    The construction unemployment rate declined to 9.4 in January and is up 4 percentage points from the same time last year. Unemployment across all industries fell from 6.7 percent in December 2020 to 6.3 percent last month. (Source)

    ABC Anirban Basu Associated Builders and Contractors Bureau of Labor Statistics Construction employment construction unemployment rate nonresidential construction
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