By Lital Shair Nada, market research associate, ARTBA
Highway and bridge contractors added 20,800 workers to their payroll in May 2016 compared to May 2015, a 6.3 percent increase, the latest U.S. Bureau of Labor Statistics data shows.
Though this is the highest May employment since 2008, with more than 351,000 jobs, the total is 4 percent below 2007 pre-recession levels. Year-to-date highway and bridge construction employment is 8 percent above the same period in 2015, but 5 percent below pre-recession levels through the first five months of 2007.
The growing employment of recent years is in line with overall market trends in highway and bridge construction. The value of highway and bridge construction is up 6.7 percent year-to-date, despite a slight dip in May. Construction in this sector has increased by 23 percent compared to 2007.