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Number of Open Constuction Jobs Remains High
Robert Dietz / NAHB / July 9, 2013
Government employment data indicate that the count of construction sector job openings for the months of 2013 is the highest since 2008. While the increase in unfilled positions is consistent with the uptick in construction sector activity, particularly for home building, the data reflect only modest increases in total employment thus far.
For the construction sector, Job Openings and Labor Turnover Survey (JOLTS) data from the Bureau of Labor Statistics (BLS) indicate that gross hiring rose to 307,000 in May from 283,00 in April. However, the hiring rate, as measured on a 3-month moving average basis, has been slowing since the start of 2013.