Construction Industry Adds 39,000 Jobs In January, Unemployment Rises To 9.8%

The construction industry marked 13 consecutive months of increased employment with another 39,000 jobs added in January. Over the past three months the construction industry has added 113,000 jobs bringing the total number of jobs added in the past 12 months (Jan. 2014 – Jan. 2015) to 308,000.  That’s an average of 25,667 jobs per month.

The number of jobs added in December has been revised down to 44,000 from the initial 48,000 reported last month. Jobs added in November was revised up from 20,000 to 30,000.

Total construction employment according to the Bureau of Labor Statistics (BLS) is at 6,314,000, the highest it’s been since February 2009.

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The unemployment rate rose to 9.8% for the construction industry in January, the fourth consecutive month the rate has increased. The unemployment rate had gotten down to 6.4% in October 2014, the lowest it’s been since November 2007 before it started increasing.

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ADP, the Human Capital Management firm, released their National Employment Report for January earlier this week showing the construction industry added 18,000 jobs. They report the construction industry has added only 64,000 jobs over the last three months and 243,000 over the last 12 months.

ADP has total construction employment at 6,237,000. This is a difference of 77,000 jobs compared to the 6,314,000 reported by the BLS.

 

One Response to “Construction Industry Adds 39,000 Jobs In January, Unemployment Rises To 9.8%”

  1. steven February 7, 2015 at 9:49 PM #

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