Construction Job Openings Ticked Up In September

Eye on Housing

September saw another slight rise in the number of unfilled construction sector positions according to the BLS Job Openings and Labor Turnover Survey (JOLTS).

While the increase of unfilled positions in 2013 is consistent with the increase in construction sector activity, particularly for home building, the data continue to reflect only modest growth in total employment thus far. The rise in the count of open positions is thus consistent with reports of local labor shortages.

For the construction sector, monthly gross hiring was relatively unchanged, falling from 298,000 to 295,000 from August to September. The hiring rate, as measured on a 3-month moving average basis, was also unchanged at 5.2%. Nonetheless, the pace of construction hiring has slowed since the end of 2012, and this trend has continued into the fall of 2013.

constr labor mkt

Consistent with reports of some labor shortages for builders, the number of open, unfilled positions in the construction industry remains at levels last seen five…

View original post 346 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s