{"id":17050,"date":"2023-05-14T22:52:35","date_gmt":"2023-05-15T05:52:35","guid":{"rendered":"https:\/\/essential.construction\/news\/u-s-construction-unemployment-hits-record-low-for-april\/"},"modified":"2023-05-14T22:52:36","modified_gmt":"2023-05-15T05:52:36","slug":"u-s-construction-unemployment-hits-record-low-for-april","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/u-s-construction-unemployment-hits-record-low-for-april\/","title":{"rendered":"U.S. construction unemployment hits record low for April"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>ARLINGTON, VA. \u2014 The U.S. construction sector added 15,000 jobs in April while the sector\u2019s unemployment rate fell to a record low for the month, according to recent <a rel=\"nofollow noopener\" href=\"http:\/\/agcofdc.informz.net\/z\/cjUucD9taT0xMTA2MzMzNyZwPTEmdT0xMTQwMTYzMTc4JmxpPTEwMTg2NTg0NA\/index.html\" target=\"_blank\">analysis<\/a> of new government data from the Associated General Contractors of America.<\/p>\n<p>\u201cContractors can\u2019t find, reach, hire and train workers fast enough to keep pace with demand,\u201d said Stephen Sandherr, the association\u2019s chief executive officer, in a release. \u201cThe pool of qualified, available labour is the smallest the industry has ever seen for the month of April.\u201d<\/p>\n<p>Construction employment in April totalled 7,903,000, seasonally adjusted, an addition of 15,000 or 0.2 per cent from the month prior.<\/p>\n<p>Nonresidential construction firms added only 800 employees in April. Meanwhile, employment at residential building and specialty trade contractors grew by 14,200 or 0.4 per cent.<\/p>\n<p>The unemployment rate among jobseekers with construction experience declined from 4.6 per cent in April 2022 to 4.1 per cent, the lowest April rate in the 23-year history of the data.<\/p>\n<p>A separate government report released recently reported that job openings in construction at the end of March totalled 355,000, just shy of the all-time high for March of 359,000.<\/p>\n<p>Average hourly earnings for production and nonsupervisory employees in construction, covering most onsite craft workers as well as many office workers, jumped by 6.7 per cent over the year to $33.94 per hour.<\/p>\n<p>Construction firms in April provided a wage premium of nearly 19 per cent compared to the average hourly earnings for all private-sector production employees.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/canada.constructconnect.com\/dcn\/news\/usa\/2023\/05\/u-s-construction-unemployment-hits-record-low-for-april\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] ARLINGTON, VA. \u2014 The U.S. construction sector added 15,000 jobs in April while the sector\u2019s unemployment rate fell to &#8230; <a title=\"U.S. construction unemployment hits record low for April\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/u-s-construction-unemployment-hits-record-low-for-april\/\" aria-label=\"Read more about U.S. construction unemployment hits record low for April\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1037],"tags":[357,295],"class_list":["post-17050","post","type-post","status-publish","format-standard","hentry","category-daily-commercial-news","tag-blog","tag-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/17050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=17050"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/17050\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=17050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=17050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=17050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}