flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

47 states experienced improvement in year-over-year construction unemployment rates in June

Industry Research

47 states experienced improvement in year-over-year construction unemployment rates in June

The drop in the construction unemployment rate from June 2015 extends the uninterrupted monthly sequence of year-over-year rate decreases that started in October 2010, according to Bernard M. Markstein, PhD, President and Chief Economist of Markstein Advisors.


By Associated Builders and Contractors | August 5, 2016

Pixabay Public Domain

June not seasonally adjusted (NSA) construction unemployment rates improved in 47 states and the nation on a year-over-year basis according to analysis released today by Associated Builders and Contractors (ABC). The national construction unemployment rate of 4.6 percent was 1.7 percent lower than a year ago according to data from the Bureau of Labor Statistics (BLS). Further, the industry boasted its lowest June rate since 2000 when it matched this June’s 4.6 percent rate. BLS data also showed that the industry employed 229,000 more people than in June 2015.

“Starting in 2000, when the BLS data for this series begins, the June national NSA construction unemployment rate has fallen from May every year except 2010 when it was unchanged. This is not surprising given that this is not seasonally adjusted data and that construction activity normally continues to rise nationwide as the weather improves throughout the country. This year’s decrease of 0.6 percent from May continues this pattern,” says economist Bernard M. Markstein, Ph.D., President and Chief Economist of Markstein Advisors, who conducted the analysis for ABC.

The five states with the lowest estimated NSA construction unemployment rates in order from lowest rate to highest were:

1. Vermont 
2. Colorado 
3. Idaho and Iowa (tie) 
5. Nebraska

Three states—Iowa, Nebraska and Vermont—were also among the top five in May.

The five states with the highest estimated NSA construction unemployment rates (from lowest to highest) were:

46. Mississippi
47. Connecticut
48. Rhode Island
49. New Mexico
50. Alabama

Alabama, New Mexico and Rhode Island were also in the bottom five in May.
 

View states ranked by their construction unemployment ratetheir year-over-year improvement in construction employment and monthly improvement in construction employment

 

 

Read more on ABC's website.

Related Stories

Codes and Standards | Apr 4, 2022

Construction of industrial space continues robust growth

Construction and development of new industrial space in the U.S. remains robust, with all signs pointing to another big year in this market segment

Industry Research | Apr 4, 2022

Nonresidential Construction Spending Drops Slightly in February, Says ABC

National nonresidential construction spending was down 0.1% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau

Reconstruction & Renovation | Mar 28, 2022

Is your firm a reconstruction sector giant?

Is your firm active in the U.S. building reconstruction, renovation, historic preservation, and adaptive reuse markets? We invite you to participate in BD+C's inaugural Reconstruction Market Research Report.

Industry Research | Mar 28, 2022

ABC Construction Backlog Indicator unchanged in February

Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8.

Industry Research | Mar 23, 2022

Architecture Billings Index (ABI) shows the demand for design service continues to grow

Demand for design services in February grew slightly since January, according to a new report today from The American Institute of Architects (AIA).

Industry Research | Mar 17, 2022

Construction input prices rise 2.6% in February, says ABC

Construction input prices increased 2.6% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today

Museums | Mar 16, 2022

Unpacking the secrets to good museum storage

Museum leaders should focus as much design attention on the archives as the galleries themselves, according to a new white paper by Erin Flynn and Bruce Davis, architects and museum experts with the firm Cooper Robertson.

Codes and Standards | Mar 10, 2022

HOK offers guidance for reducing operational and embodied carbon in labs

Global design firm HOK has released research providing lab owners and developers guidance for reducing operational and embodied carbon to meet net zero goals.

Industry Research | Mar 9, 2022

Survey reveals five ways COVID-19 changed Americans’ impressions of public restrooms and facilities

Upon entering the third year of the pandemic, Americans are not only more sensitive to germs in public restrooms, they now hold higher standards for the cleanliness, condition and technology used in these shared spaces, according to the annual Healthy Handwashing Survey™ from Bradley Corporation conducted in January. 

Codes and Standards | Mar 7, 2022

Late payments in the construction industry rose in 2021

Last year was a tough one for contractors when it comes to getting paid on time.

boombox1 - default
boombox2 -
native1 -

More In Category




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021