A Growing Number of Job Openings in Construction

 

Labor market data from the Bureau of Labor Statistics indicate that number of job openings in the construction sector grew during the month of April.

Using seasonally-adjusted data, open positions in April totaled 96,000, up from 68,000 in March and the highest level of openings since March 2010. The March 2010 total of 100,000 open positions was in fact a one-time spike associated with stimulus projects, and was the highest level reported for construction since late 2008.

Consistent with last month, the labor market continues to show limited signs of improvement. Hiring and job opening rates proceeded along an upward trend line after the dramatic declines in 2008.

– Courtesy of NAHB