ECM Buyers' Guide

Construction employment climbs as overall total stagnates

The Bureau of Labor Statistics (BLS) reports that construction employment increased for the third month in a row, with a gain of 26,000 jobs in May. Job losses in the industry totaled 160,000 from March 2001 to February 2003. Since February, construction has gained 83,000 jobs, as strength in residential housing caused growth in specialty trade contractors and construction of buildings. The three BLS construction subcategories showed a mixture of improvement and decline. Building construction employed 1,622,000, up 42,000 (2.6%), and specialty trade contractors employed 4,259,000, up 53,000 (1.3%), while heavy and civil engineering construction employed 901,000, down ...

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