Construction Employment Rose in 63% of Metro Areas YOY in October

December 04, 2023, from Floor Focus FloorDaily News

Washington, DC, December 4, 2023 – Construction employment, not seasonally adjusted, rose year over year (YOY) from October 2022 in 226 (63%) of the 358 metro areas (including divisions of larger metros) for which the Bureau of Labor Statistics posts construction employment data, fell in 54 (15%), and was unchanged in 78, according to an analysis Associated General Contractors (AGC) released.

New York City added the most jobs (14,600 combined jobs or 10%), followed by the Dallas-Plano-Irving, Texas division (11,000 combined jobs, 7%), and Baton Rouge, Louisisana (9,400 construction jobs, 20%). The largest percentage gain again occurred in Baton Rouge, followed by 13% gains in Corvallis, Oregon (200 combined jobs), Lexington-Fayette, Kentucky (1,800 combined jobs), and Grand Rapids-Wyoming, Michigan (3,700 combined jobs). The largest loss again occurred in Houston-The Woodlands-Sugar Land, Texas (-11,500 construction jobs, -5%), followed by Denver-Aurora-Lakewood, Colorado (-5,300 combined jobs, -9%), and 4,500 combined jobs each in St. Louis, Missouri-Illinois (-9%), and the Nassau County-Suffolk County, New york division (-5%). The largest percentage job losses again occurred in Kankakee, Illinois (-13%, -200 combined jobs) and Bay City, Michigan (-12%, -200 combined jobs).