AGC: Construction unemployment hits lowest recorded February total
Construction firms added 19,000 workers in February, according to the Associated General Contractors of America. This was the lowest February total since AGC started reporting employment numbers in 2000. Association officials said, however, that sluggish gains in nonresidential construction employment may reflect the fact contractors are having difficulty finding workers to keep up with growing demand.
"The overall picture for construction employment is very positive with robust job growth and very little unemployment," said Ken Simonson, the association's chief economist. "Yet it appears that many nonresidential construction firms have run out of people to hire to keep pace with demand for new projects."