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Specialty Trades Added 37,600 Positions in February

Mar 15, 2018

Specialty Trades Added 37,600 Positions in February

Construction Employment Remains Robust; Unemployment Rate Steady

Washington, DC – The Bureau of Labor Statistics today released February’s employment data, showing strong job growth and an unchanged unemployment rate. The construction industry saw sustained increases, adding another 61,000 jobs weighted strongly in the specialty construction sector.

“Construction Employers of America is pleased to see continued, steady growth in the specialty construction sector,” said Jack Jacobson, spokesperson for CEA. “The labor market remains tight, and our members continue to invest in accredited apprenticeship and workforce training programs to ensure we are preparing the next generation of construction employees for the growing market.”

While there were significant gains across the construction job market, the major growth was in the specialty trades, which created 37,600 new positions. Residential specialty construction added 18,600 jobs, while nonresidential specialty contractors added 19,000 positions.

“The recent tax cuts have helped construction employment continue to grow in a constrained job market,” continued Jacobson. “It’s clear that the Federal government’s actions have a direct impact on the construction industry. Passage of comprehensive infrastructure legislation funded with significant Federal funds will ensure the construction industry can continue to create good, middle-class jobs that will fuel our economy for years.”

CEA’s seven employer associations include FCA International, International Council of Employers of Bricklayers and Allied Craftworkers, Mechanical Contractors Association of America, National Electrical Contractors Association, Sheet Metal & Air Conditioning Contractors National Association, Signatory Wall and Ceiling Contractors Alliance, and The Association of Union Constructors. Our impact on the American economy is significant. We represent over 15,000 employers and 1.4 million employees nationwide. More information about CEA and our issues can be found online atwww.constructionemployersofamerica.com.

Contact: Jack Jacobson

jack.jacobson@constructionemployersofamerica.com

202-637- 6820 (w); 202-251- 7644 (c)