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Jobs in Construction Still Scarce10-28-11 | News

Jobs in Construction Still Scarce




Given ongoing weakness in housing starts, new open positions are mostly in non-residential construction.

 

For the construction sector, open positions increased to 92,000 (on a non-seasonally adjusted basis), which is well off the June and July totals of open positions in the sector of 68,000 and 75,000 respectively.

It's projected that 2011 will be the first year since 2006 in which total hires for the construction sector outnumber total separations.

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Thus far for the year, however, total hires only outnumber total separations by 4,000 positions, a number expected to grow as multifamily construction rebounds.

- Courtesy of NAHB

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