Total US Construction employment increased by 15,000 workers last month to 5.59 million employed. While an increase of less than 0.3% might seem trivial, it does seem we have hit the bottom of a long and stressful downturn. This is the first month since June of 2007 where the construction industry added jobs. That’s right –it’s been 34 months! The employment numbers are available through the BLS and are seasonally adjusted, indicating this is a structural improvement and not a seasonal one.
The BLS is reporting the Engineering and Architecture industry was flat for the month at 1.28MM employed.
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