News
ABC: Construction Underperforms Broader Economy in December Jobs Report
The construction industry added just 8,000 jobs on net in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 196,000 jobs, an increase of 2.4%. Nonresidential construction employment increased by…
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Construction Coalition to President-Elect Trump: Fair and Open Competition for Infrastructure Projects Will Save Taxpayers More Than $10 Billion Annually
Associated Builders and Contractors and a diverse group of two dozen construction and business groups today sent a letter to President-elect Donald Trump urging him to eliminate President Joe Biden’s final rule implementing Executive Order 14063 requiring federal construction contracts of $35 million or more to be subjected to anti-competitive and inflationary project labor agreements. The coalition…
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ABC: Construction Labor Churn at Historic Lows in November
The construction industry had just 276,000 job openings on the last day of November 2024, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an…
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