According to the Bureau of Labor Statistics, both the U.S. labor market and construction job market continued to show resilience for two consecutive months. Employment in the overall construction sector rose by 9,000 jobs in April. Residential construction employment now stands at 3.3 million in April, including 927,000 workers employed by builders and remodelers and nearly 2.4 million residential specialty trade contractors.
A report from the National Association of Homebuilders noted that the number of open construction sector jobs increased, rising slightly from 201,000 in February to 224,000 in March. This total was down compared to a year ago’s 278,000.
Overall job growth increased by 115,000 in April, following an upwardly revised gain of 185,000 jobs in March. Overall, the construction job market has seen a slight uptick in the past two months.
