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

Giants 400 | Aug 31, 2023

Top 35 Engineering Architecture Firms for 2023

Jacobs, AECOM, Alfa Tech, Burns & McDonnell, and Ramboll top the rankings of the nation's largest engineering architecture (EA) firms for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Aug 22, 2023

Top 115 Architecture Engineering Firms for 2023

Stantec, HDR, Page, HOK, and Arcadis North America top the rankings of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Aug 22, 2023

2023 Giants 400 Report: Ranking the nation's largest architecture, engineering, and construction firms

A record 552 AEC firms submitted data for BD+C's 2023 Giants 400 Report. The final report includes 137 rankings across 25 building sectors and specialty categories.

Giants 400 | Aug 22, 2023

Top 175 Architecture Firms for 2023

Gensler, HKS, Perkins&Will, Corgan, and Perkins Eastman top the rankings of the nation's largest architecture firms for nonresidential building and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Apartments | Aug 22, 2023

Key takeaways from RCLCO's 2023 apartment renter preferences study

Gregg Logan, Managing Director of real estate consulting firm RCLCO, reveals the highlights of RCLCO's new research study, “2023 Rental Consumer Preferences Report.” Logan speaks with BD+C's Robert Cassidy. 

Apartments | Aug 14, 2023

Yardi Matrix updates near-term multifamily supply forecast

The multifamily housing supply could increase by up to nearly 7% by the end of 2023, states the latest Multifamily Supply Forecast from Yardi Matrix.

Sports and Recreational Facilities | Jul 26, 2023

10 ways public aquatic centers and recreation centers benefit community health

A new report from HMC Architects explores the critical role aquatic centers and recreation centers play in society and how they can make a lasting, positive impact on the people they serve.

Market Data | Jul 24, 2023

Leading economists call for 2% increase in building construction spending in 2024

Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel. 

Codes and Standards | Jul 17, 2023

Outdated federal rainfall analysis impacting infrastructure projects, flood insurance

Severe rainstorms, sometimes described as “atmospheric rivers” or “torrential thunderstorms,” are making the concept of a “1-in-100-year flood event” obsolete, according to a report from First Street Foundation, an organization focused on weather risk research. 

Multifamily Housing | Jul 13, 2023

Walkable neighborhoods encourage stronger sense of community

Adults who live in walkable neighborhoods are more likely to interact with their neighbors and have a stronger sense of community than people who live in car-dependent communities, according to a report by the Herbert Wertheim School of Public Health and Human Longevity Science at University of California San Diego.

boombox1 - default
boombox2 -
native1 -

More In Category

AEC Tech

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 


AEC Innovators

3 ways the most innovative companies work differently

Gensler’s pre-pandemic workplace research reinforced that great workplace design drives creativity and innovation. Using six performance indicators, we're able to view workers’ perceptions of the quality of innovation, creativity, and leadership in an employee’s organization.



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