A new era for New Jersey’s workforce begins as the Associated Builders and Contractors New Jersey Apprenticeship Education & Training Fund opened its 106,000-square-foot state-of-the-art apprenticeship training facility in Mt. Laurel, New Jersey. Representing one of the largest and most comprehensive projects of its kind, this facility is designed to serve…
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Reporting Error Clarified: S-2961 Has NOT Passed and Is NOT Law Earlier reporting incorrectly stated that S-2961 advanced through the Legislature and became law during the final lame duck voting session. That information was incorrect due to a reporting error from the Office of Legislative Services (OLS). Here are the…
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The construction industry needs to attract an estimated 349,000 net new workers in 2026 to meet demand for construction services, according to a proprietary model developed and released today by Associated Builders and Contractors. In 2027, the industry will need to bring in 456,000 new workers to meet demand as…
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The construction industry lost 11,000 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 grew by 14,000 jobs, an increase of 0.2%. Nonresidential construction employment decreased by 7,800 positions…
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The construction industry had 292,000 job openings on the last day of November, 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 employer is…
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The construction industry added 28,000 jobs on net in November, 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 expanded by 58,000 jobs, an increase of 0.7%. Nonresidential construction employment increased by 28,800…
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Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.1 months in November, according to an ABC member survey conducted Nov. 20 to Dec. 8. The reading is down 0.3 months since both October 2025 and November 2024. View the full Construction Backlog Indicator and Construction…
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The construction industry had 213,000 job openings on the last day of October, 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 employer is…
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Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.2% for the month. Overall construction input prices were 3.5% higher than…
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The construction industry added 19,000 jobs on net in September, 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 grown by 38,000 jobs, an increase of 0.5%. Nonresidential construction employment increased by 16,300…
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