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Construction Job Openings Up 10% to Highest Level Since 2022
Major infrastructure and manufacturing projects have created more demand for workers, but the supply of skilled labor can’t keep up.
Construction Dive
January 5, 2024
1 Min Read
John Moore/Getty Images via Getty Images
Construction job openings rose in November to 459,000, a 10.3% increase from the month prior, according to a Bureau of Labor Statistics report released Tuesday.
The BLS data measures the number of positions for which employers are actively hiring, and when November ended, 5.4% of jobs had gone unfilled. The month closed with 32% more open jobs than in November 2022.
“The number of open, unfilled construction positions increased to the highest level since the end of 2022,” said Anirban Basu, chief economist for Associated Builders and Contractors. “November’s 5.4% job opening rate is higher than at any point from the start of the data series in 2000 to the end of 2021. Contractors continue to grapple with skilled labor shortages even as the demand for and supply of labor in the broader economy rebalances.”
To read the rest of this story from our sister publication, Construction Dive, click here.
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