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Construction Employment Down in 162 of 367 Metro Areas

Construction employment declined in 162 out of 337 metropolitan areas between June 2011 and June 2012, increased in 127 and remained stagnant in 48, according to a new analysis of federal employment data released today by the AGC.

August 01, 2012

Construction employment declined in 162 out of 337 metropolitan areas between June 2011 and June 2012, increased in 127 and remained stagnant in 48, according to a new analysis of federal employment data released today by the AGC.

AGC officials said that construction employment declined or remained unchanged in most metro areas as the public sector continued to cut back on investments in new construction and infrastructure and economic growth slowed.

"The construction sector continues to shrink or stagnate in most metro areas as demand for new construction remains weak in too many places," said Ken Simonson, the association's chief economist. "It is hard to see how the construction employment picture will improve significantly in the short term until the economy picks up more steam."

Chicago-Joliet-Naperville, Ill., lost the most jobs, followed by New York City, the New Orleans area, and Tampa-St. Petersburg-Clearwater, Fla. Gainers included Bakersfield-Delano, Calif., the Fargo, N.D., area, and Knoxville, Tenn.

Source: AGC

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