{"id":30271,"date":"2025-05-04T04:18:16","date_gmt":"2025-05-04T11:18:16","guid":{"rendered":"https:\/\/essential.construction\/news\/construction-hiring-slows-to-lowest-rate-ever-recorded\/"},"modified":"2025-05-04T04:18:16","modified_gmt":"2025-05-04T11:18:16","slug":"construction-hiring-slows-to-lowest-rate-ever-recorded","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/construction-hiring-slows-to-lowest-rate-ever-recorded\/","title":{"rendered":"Construction hiring slows to lowest rate ever recorded"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><\/p>\n<p>            <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/images\/audio_icon.svg?482016190122\" alt=\"-\"><\/p>\n<p>        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">2 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/res.cloudinary.com\/dmgi9movl\/video\/upload\/q_1\/v1746108296\/news\/text_to_speech\/construction-hiring-job-lowest-rate-march-2025_qqzkwo.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<h3 class=\"standard-heading\"><span><span><span><span><span><span>Dive Brief:<\/span><\/span><\/span><\/span><\/span><\/span><\/h3>\n<ul>\n<li><span><span><span><span><span><span>Construction industry job openings decreased by 38,000 last month even as hiring in the sector slowed to its lowest rate on record,<\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span><span> according to an Associated Builders and Contractors <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.abc.org\/News-Media\/News-Releases\/abc-construction-job-openings-decreased-by-38000-in-march\" target=\"_blank\"><span><span><span><span><span><span><span><span>analysis of data from the U.S. Bureau of Labor Statistics<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> released Tuesday.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The construction industry had 248,000 job openings on the last day of March, down by 90,000 from the same time last year, a 27% decrease. The total number of hires also decreased YOY, falling by 10%.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>\u201cConstruction job openings continued to trend lower in March, a clear sign of slowing industrywide demand for labor,\u201d said ABC Chief Economist Anirban Basu in the release. \u201cHiring activity was particularly weak for the month, with the 302,000 hires equivalent to just 3.6% of industrywide jobs \u2014 the lowest rate ever recorded.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3 class=\"standard-heading\"><span><span><span><span><span><span>Dive Insight:<\/span><\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span><span>With quitting and layoff activity also subdued for the month, construction labor force churn is virtually nonexistent, Basu said.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cWhile a majority of contractors surveyed in March expect to increase their staffing levels over the next six months, according to ABC\u2019s <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.abc.org\/News-Media\/News-Releases\/abc-monthly-construction-economic-survey-shows-tariff-impacts-emerge\" target=\"_blank\"><span><span><span><span><span><span><span><span>Construction Confidence Index<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, tariffs and other economic headwinds may blunt hiring expectations in the months to come.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span><span><span><span><span><span><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdz93a7pcMR5d64fYyrRb81I0PwPT2jKTzsWaufvLnno9xrLm65TUwn08ssN-SpKyguFRpNfvEGLIH6MktS-sPQm5bUjjvdCKxPsRH1QjcdVzV199O24yME2cKm3ErXseHMMtDVlQ?key=Qt1LTRmwfLnWbiQf7yqRmsYj\" alt=\"-\"><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Although some new onshoring development is getting underway in response to President Donald Trump\u2019s latest round of tariffs, many developers and owners <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/developers-delay-billions-projects-uncertainty\/745939\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>are pulling back<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> on new projects due to the uncertain economic conditions.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Chip manufacturer Intel has delayed construction of its <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/intel-delays-new-albany-ohio-chip-manufacturing-project-again-2030-2031\/741321\/#:~:text=Intel%20is%20once%20again%20pushing,memo%20sent%20to%20employees%20Friday.\" target=\"_blank\"><span><span><span><span><span><span><span><span>Ohio One semiconductor plant<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, largely due to rising construction costs and weaker-than-expected chip demand. Microsoft, likewise, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-03\/microsoft-pulls-back-on-data-centers-from-chicago-to-jakarta?sref=YfHlo0rL\" target=\"_blank\"><span><span><span><span><span><span><span><span>recently axed several data center projects<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> in the U.S., citing a slowdown in regional demand for cloud services.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The tech giant paused three Ohio data center developments, including a $1 billion project outside Columbus, and has also delayed builds in Illinois, North Dakota and Wisconsin, according to Bloomberg.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/construction-hiring-job-lowest-rate-march-2025\/746842\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 2 min This audio is auto-generated. 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Dive &#8230; <a title=\"Construction hiring slows to lowest rate ever recorded\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/construction-hiring-slows-to-lowest-rate-ever-recorded\/\" aria-label=\"Read more about Construction hiring slows to lowest rate ever recorded\">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":[457],"tags":[],"class_list":["post-30271","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30271","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=30271"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30271\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=30271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=30271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=30271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}