OUR THOUGHTS ON:

Construction Job Growth Remains Sluggish

Construction

By Matt McKinnon

On June 17, 2011, the Associated General Contractors of America (AGC of America) issued a press release regarding construction employment between May 2010 and May 2011. While 22 states experienced sluggish and uneven growth, all others saw a decline in the number of construction jobs. 

Local Impact

Unfortunately, the impact in Ohio and Pennsylvania was not positive. Two of the primary states in which Schneider Downs serves construction clients were in the top four of largest number of construction jobs lost (-2,500 jobs (-1.5%) in Ohio and -2,400 jobs (-1.1%) in Pennsylvania). 

Regional Results

Michigan, Illinois and Indiana, however, showed very promising results according to U.S. Department of Labor state employment data. All three were in the top increases of jobs, either as a percentage or in absolute numbers of jobs. Michigan experienced an increase of 5.2%, 6,300 jobs; Illinois, an increase of 3.0%, 5,900 jobs; and Indiana an increase of 2.3%, or 2,700 jobs.

Outlook

According to AGC of America, construction employment is likely to remain spotty as long as broader economic growth remains modest. Stephen Sandherr, AGC of America’s CEO, stated, “Increasing red tape, cutting infrastructure investments and avoiding the causes of our federal deficit aren’t helping the economy or boosting construction employment.”

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© 2018 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

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