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Construction hiring shows growth

Posted: September 13, 2012 2:00 a.m.
Updated: September 13, 2012 2:00 a.m.

In this May 16 photo, construction workers frame a new house in the Crestview area in Santa Clarita. U.S. builders started work on more single-family homes in May and requested the most permits to build homes and apartments in three-and-a-half years.

 

Construction hiring rebounded slightly for the months of July and August according to the U.S. Bureau of Labor Statistics, Job Openings and Labor Turnover Survey.

The hiring rate stood at 3.2 percent of total employment in July after weak hiring numbers in the spring. That rate, however, is weak given increases in residential construction spending reported by the Census Bureau for July. Construction spending on new single-family homes was up 19 percent from this time last year.

While job openings in construction appear to be trending upward in recent months, the hiring rate remains at 2.7 percent — where it has been for several months. The data suggest builders may be having trouble filling positions.

The National Association of Home Builders reported there may be two reasons for the gap between job openings and filling positions. One being challenges in the housing market are affecting workers from relocating to areas of the country where there are job openings.

The other possible reason cited by the trade association is a skill gap between available workers and open positions, the association reported.

A total of 362,000 construction workers were hired in the month of July, according to the survey data. That number represents the highest level of hiring since June of 2011.

jadkins@the-signal.com

661-287-5599

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