PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Download the FREE Equipment and Rental Resource Guide

Paint and Coatings Industry News

Main News Page


Construction Slows Bleeding of Jobs

Monday, May 9, 2011

More items for Program/Project Management

Comment | More

The good news: After years of bloodletting, construction unemployment numbers have remained stable for about a year. The bad news: Industry joblessness remains stuck at brutally high levels.

The industry added 5,000 jobs in April, which slightly reduced its unemployment rate to 17.8 percent, according to an Associated General Contractors of America analysis of new federal employment data.

However, that number is still nearly twice the national unemployment rate.

The figures continue a year of stagnation in construction employment after years of steep declines—a situation that is unlikely to change soon, association officials said.

No Rebound Seen

“The construction industry may have stopped bleeding jobs, but there is no sign that employment levels are set to bounce back,” said Ken Simonson, the association’s chief economist.

“With declines in public sector investments likely to offset increases in some private sector construction activity, we are unlikely to see significant increases in construction employment for the foreseeable future.”

Nonresidential construction is faring better than residential, as the former gained 10,000 jobs in April, while the residential sector lost 5,400 jobs.

Heavy, Civil Engineering Construction Gain

The largest gains came from heavy and civil engineering construction, likely reflecting construction starts on a number of stimulus and other publicly funded projects that halted during the winter, AGC said.

 Stephen E. Sandherr
Deferred infrastructure maintenance is taking a toll on jobs, says Stephen E. Sandherr, CEO of the Associated General Contractors

Meanwhile, employment declined in both nonresidential specialty trade contractors and nonresidential building, possibly reflecting weak demand for office, retail and school construction.

Neglect and Prosperity

Construction employment levels are likely to remain relatively stuck through much of 2011 as federal, state and local governments cut investments in infrastructure and other construction projects. Growth in multifamily, manufacturing and power construction should help offset the public sector declines but might not be enough to lead to significant increases in construction employment.

“Construction will keep suffering double-digit unemployment rates as long as federal officials continue to cut infrastructure maintenance and upkeep instead of addressing out-of-control entitlement spending,” said Stephen E. Sandherr, the association’s chief executive officer.

“The lesson here is you can’t neglect your way to greater economic prosperity.”

   

Tagged categories: Construction; Economy; Labor; Workers

Comment Join the Conversation:

Sign in to our community to add your comments.

Chicago Corrosion Group

Rust Buddy Solidifier

Stops Rust With A Brushstroke.
No Surface Prep Required.


SAFE Systems, Inc.
Enduroguard -
The Tough Cable
for a Tough Industry.

Reduce maintenance costs and down time, increase job site safety with Enduroguard Cable. Available exclusively from SAFE Systems. UL listed, flexible, abrasion resistant and cut resistant.


PPG Protective and Marine Coatings Group
Industrial strength performance in ONE can.

Now get the durability and protection of two components in one can: Amercoat® ONE, PSX® ONE and Sigmadur ONE.


CS Unitec
Work Cleaner and Safer

CS Unitec’s Vibro-Lo low-vibration scalers offer high performance for greater productivity & improved operator comfort. Optional dust shroud. info@csunitec.com


Armorthane
Polyurethane and Polyurea Sprayed-On Protection

Buy POLYURETHANE or POLYUREA coatings and spray equipment for years of proven chemical resistance, water- and weather-proofing, and structural improvements.


Ethox Chemicals LLC
Ethoflex® ER instantly upgrades your epoxy!

The only epoxy additive that improves flexibility, corrosion resistance, toughness, and adhesion, without hurting pot life, cure time, or increasing VOCs.


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Pipeline Utility Aerial crossings coated since 1992. Termarust's (HR CSA) was used to overcoat lead paint and preserve cables, pipes and support towers.


International Paint LLC
New! Chartek

The next evolution in passive fire protection has arrived! Check out our new line of Chartek products.


NLB Corporation
MiniARM automates surface prep

NLB’s Mini ARM lets an operator control high-pressure water jets remotely, with fast tool changes for different jobs. It maximizes protection and productivity.


Corrosion Probe, Inc.
From Detection to Correction

Corrosion Probe, Inc. has the Most Concrete Coatings Experience and Expertise. Contact us today at
860-767-4402, www.cpiengineering.com

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com