Skip to content
A4 civilengineering
  • Home
  • About Us
  • Education
  • Community
  • Thought
  • Ongoing Happenings
  • Contact Us
Menu Close

Blog

Home » Ongoing Happenings » Construction Industry Gains 11,000 Jobs in July as Jobless Rate Falls
Construction Industry Gains 11,000 Jobs in July as Jobless Rate Falls
Construction’s unemployment rate dropped in July on a monthly and year-over-year basis to its lowest level in 17 months, as the industry added 11,000 jobs, the Bureau of Labor Statistics has reported.

But the latest monthly BLS report on the nation’s employment picture, released on Aug. 6, also showed job losses in some parts of the industry’s nonresidential sector.

Construction’s unemployment rate for July declined to 6.1% from June’s 7.5%. Last month’s rate also improved sharply from the year-earlier level of 8.9%, BLS figures show.

July’s rate was the lowest since February 2020’s mark, the last month before the Covid-19 pandemic hit. Notably, construction’s July jobs increase followed three months of downturns.

The residential building category recorded the strongest July jobs results, adding 8,300.

The nonresidential sector overall was up by 2,900 positions, but a gain of 7,500 in the nonresidential specialty trade contractors segment masked declines of 2,500 in nonresidential building and 2,100 in heavy and civil engineering construction.

For the 12 months ended July 31, construction overall added 224,000 jobs, an increase of 3.1%, BLS data indicate.

The bureau’s jobs figures are adjusted for seasonal differences, but its unemployment rates are not seasonally adjusted.
Read More
www.enr.com

You Might Also Like

Read more about the article NORD condition monitoring for predictive maintenance

NORD condition monitoring for predictive maintenance

February 14, 2022
Read more about the article Why we need engineers who study ethics as much as maths

Why we need engineers who study ethics as much as maths

July 26, 2021
Read more about the article Delays to large-scale construction projects more than double since start of pandemic

Delays to large-scale construction projects more than double since start of pandemic

January 22, 2022

Archives

  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021

Categories

  • 3D Printing
  • Air Quality
  • Architecture
  • Automation
  • BIM
  • Civil Software
  • Computer Vision
  • Constrcution Site
  • Digital Twin
  • Disaster
  • Earthquake
  • Edu Resource
  • Environmental
  • FreeCourse
  • Geotechnical Engineering
  • GIS
  • Industry News
  • Intelligent Transportation System
  • IOT
  • Market Analysis
  • Project Management
  • Remote Sensing
  • Sensors
  • Smart City
  • Smart Home
  • Smart Home/Building
  • Smart Materials
  • Structural Engineering
  • Structural Health Monitoring
  • Transportation
  • Uncategorized
  • Urban Planning

Recent Posts

  • Kontrol Technologies is in the thick of the commercial building upgrade supercycle
  • I-Bhd, China Mobile team up to build Malaysia’s first green smart building
  • FedEx launches AI-powered sorting robot to drive smart logistics
  • 8 trends shaping cities in 2022
  • DC joins growing list of cities requiring new buildings to include EV parking
A4 civilengineering
©2021 Privacy policy
  • Home
  • About Us
  • Education
  • Community
  • Thought
  • Ongoing Happenings
  • Contact Us

Enjoying the contents?

Subscribe to our weekly newsletter