Employment in construction grows, but challenges remain

vonderauvisuals / Foter / CC BY-NC-ND


After a few years of stagnation, construction employment is gradually picking up and reaching pre-crisis levels, according to the Associated General Contractors of America.

Between January 2013 and January 2014, employment was on the rise in 195 metro areas, declined in 90 and remained the same in 54. The strongest growth was in some parts of California, where the jobs increase was 7%, followed by parts of Texas with 4% increase. The biggest decrease was in Gary, Indiana, where 25% of construction jobs were lost.

Naturally, the growth is a good sign of the construction industry recovering, but there is still a lot to be done to reach the peaks before the financial and economic crisis. Contractors are worried about federally-funded transportation projects, which could be cancelled if the Highway Trust Fund collapses financially.

Read the source article at Mississippi Business Journal

Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

Leave a Reply

Your email address will not be published. Required fields are marked *