ABC: Nonresidential Construction Adds 13,300 Jobs in October
The construction industry lost 3,000 jobs on net in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 124,000 jobs, an increase of 1.5%.Nonresidential construction employment increased by 13,300 positions, with gains in all three subcategories. Nonresidential specialty trade added the most jobs, increasing by 7,900 positions, while nonresidential building and heavy and civil engineering added 2,900 and 2,500 jobs, respectively, in October. The construction unemployment rate was 3.6% last month. Unemployment across all industries decreased to 4.1%. ABC: Nonresidential Construction Adds 13,300 Jobs in October


