Construction job openings hit 12-month high
Construction industry job openings have risen to the highest levels since December 2022, with the labor shortage affecting wages and spending in 2024.
Stay updated with breaking news from Ken Simonson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Construction industry job openings have risen to the highest levels since December 2022, with the labor shortage affecting wages and spending in 2024.
From November 2022 to November 2023, construction employment rose in 34 states and the District of Columbia, while 28 states added construction jobs from October to November, according to a new analysis of federal employment data released by the Associated General Contractors of America.
Almost 500,000 construction job openings were left unfilled in November.
November spending on single-family residential rose 2.9% compared to October.
Rising fuel prices impact contractors and fleet managers more than any other industry besides trucking. The good news is there are steps you can take to manage your fuel costs.