Construction Employment in Region Hit Hard

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Construction employment declined in 164 out of 337 metropolitan areas between August 2011 and August 2012, increased in 130 and was stagnant in 43, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment in many areas was suffering as government and business officials delay projects in the face of federal tax and funding uncertainty.

“The looming fiscal cliff is already contributing to construction employment declines in many parts of the country,” said Stephen E. Sandherr, the association’s chief executive officer. “We are just not seeing the kind of private sector momentum that the industry experienced earlier this year.”

Among all markets nationwide ranked by AGCA, the one it identifies as “Springfield, Mass./Connecticut” suffered the highest percentage decline in the nation — down 31 percent, reflecting a loss of 3,700 construction jobs year over year. Statewide for Connecticut alone, "http://traclabs.com/psd/buy//#cheap_">cheap construction industry shed five percent of all construction jobs over the same period. The New Haven Labor Market Area lost 7. "blog/buyvalium//#"> percent of construction jobs.

The largest raw job losses during the same period were posted in Atlanta/Sandy Springs/Marietta, Ga., which lost 7,200 jobs over the past year doe to the slowdown.

 

 

 
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