In the last 12 months, the majority of states have witnessed an increase in construction employment. The positive jobs trend appears despite the harsh winter weather that affected other aspects of the industry. Still, the general state of the construction industry is below the peak levels before the recession.
In 37 states, employment in the construction industry increased over the past year. In 30 states, more construction jobs were added also between January and February 2014.
The biggest increase in employment was in Florida – 11%, meaning 39,200 jobs added between February 2013 and February 2014. Nevada, Oregon and Minnesota followed with 10.4%, 9.8% and 8.1% respectively.
Construction employment remained at the same percentages in three states, while 10 states report a decrease in construction jobs. The biggest job losses are in Indiana, New Jersey and West Virginia.
Between January and February 2014, California, along with Florida, Texas and Georgia, are the states with the highest construction employment increases.
Category: Commercial Bonds