Construction Employment Climbs By 36,000 in May, While Hourly Earnings Rise at Fastest Yearly Rate in 40 Years
Rapidly rising hourly earnings enabled the construction industry to add 36,000 employees in May, but a record number of job openings going into the month suggests contractors want to hire even more workers, according to an analysis by the Associated General Contractors of America of new government data. Association officials said firms would have hired even more workers if they could find more people willing to work in the sector.