Nonresidential Construction Drives Hiring Growth Amid Tight Labor Market and Slower Industrywide Expansion

The U.S. construction industry showed modest employment gains in May, reflecting divergent momentum across residential and nonresidential sectors. According to the latest data from the U.S. Bureau of Labor Statistics, analyzed by Associated Builders and Contractors, the industry added 4,000 net new jobs last month. On an annual basis, construction employment has grown by 126,000 […]