Construction job openings down, labor scarcity remains
Anirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going down.
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Anirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going down.
Read MoreThe Associated General Contractors of America (AGC) says downturns in homebuilding and most major nonresidential categories drove spending downward.
Read MoreThe Associated Builders & Contractors (ABC) says construction job openings dropped by 52,000 positions in October and 21,000 positions from a year ago.
Read MoreConstruction job openings decreased by 71,000 jobs from May to June, while industry unemployment dropped 3.8 percent from June 2021.
Read MoreThe Associated General Contractors of America (AGC) say while construction employment is above pre-pandemic levels in 32 states, record job openings could threaten further gains.
Read MoreThe Associated General Contractors of America (AGC) says construction employment is up in 75 percent of metro areas from March 2021 to March 2022.
Read MoreNearly 60 percent of U.S. metro areas saw construction employment growth in February 2022 compared to February 2020, a month prior to the COVID-19 pandemic.
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