While supply chain and workforce issues persist, the construction industry gained 22,000 jobs between August and September as nonresidential firms added employees for the first time in six months, according to Ken Simonson, Chief Economist for the Associated General Contractors of America (AGC).
“While it is refreshing to see job gains in both residential and nonresidential construction, nonresidential building and infrastructure employment remains far below its pre-pandemic peak,” Simonson said. “It will take more than a few months of gains to match the overall economy.”
Simonson spoke at a Carolinas AGC luncheon in Charlotte on Oct. 13 that drew several dozen attendees. Simonson said nonresidential construction has been affected by the widespread supply chain problems, which are causing owners already uncertain about future demand for commercial space to delay or even cancel some projects. Construction employment in September totaled 7,447,000, an increase of 22,000 since August. However, industry employment remained 201,000 below the pre-pandemic peak set in February 2020.