Construction Employment Slips By 20,000 In May As Supply-Chain Problems And Record Materials Cost Increases
Post date
June 04, 2021
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Construction employment declined for the third time in the past four months in May as nonresidential contractors coped with lengthening and unpredictable delivery times that limited their ability to start or complete projects, according to an analysis by the Associated General Contractors of America of government data released on June 4, 2021.
Seasonally adjusted construction employment in May totaled 7,423,000, a drop of 20,000 from the downwardly revised April total. Industry employment declined as well in April and February.