By Lital Shair Nada, market research associate, ARTBA
Highway and bridge contractors added 17,700 more workers to their payroll in October 2016 compared to October 2015, according to the latest data from the U.S. Bureau of Labor Statistics.
Though this is the highest level of October employment since 2008, jobs in this sector have remained at relatively low levels for the past seven years. October 2016 highway and bridge contractor employment is up 5 percent from October 2015, but is still down 2.9 percent from 2007 pre-recession levels. Year to date, 2016 highway and bridge construction employment is up from 2015 levels, but is down 4 percent from 2007 pre-recession levels.
General construction employment follows a similar trend. Employment in this sector also increased year over year; in October and November, construction employment rose 3 percent compared to October and November 2015. However, construction employment in October and November is still down significantly from 2007 pre-recession levels.
Read ARTBA’s Transportation Construction Industry Employment report for December 2016.