Nonresidential Specialty Trade Contractors Drove March Growth
Specialty trade contractors continue to dominate construction employment
WASHINGTON — The U.S. Bureau of Labor Statistics released its March employment data, which revealed a slowing of job growth from previous months. A clear bright spot in the report was the 7,300 new jobs in nonresidential specialty trade construction.
“While we were pleased to see another continued month of job growth, the slowing rate of growth is concerning and emphasizes the need for immediate investments in infrastructure,” said Jack Jacobson, spokesperson for the Construction Employers of America. “The increase in jobs in the nonresidential specialty trade sector led growth in the construction industry overall, where specialty contractors comprise the overwhelming majority of employment.”