Available Construction Jobs on the Rise
Well over half a million builders are getting ramped up with the renewal of the real estate market nationwide and are very much now hiring employees as the number of open construction jobs increased in May. In fact, the number of available construction jobs in the United States has been on the rise since 2012 along with the constant increase of new home sales and new home inventory. May’s employment increase logged in as one of the 4 highest months of increases since 2012.
Almost 1.8 million contractors, sub-contractors, and trade companies also made up the number of businesses
employed in the home building / remodeling categories of the total U.S. employment in June, 2015, bringing the total number of construction employed jobs to 2.442 million. Now that new homes are being built on lots developed for sale in more and more numbers, the construction industry has gained almost a half a million jobs since the low point of the Great Recession.
In 2015 alone, approximately 127,000 jobs have been added in the U.S. nationwide. In fact, since hitting the ceiling during 2010, the unemployment rate for builders and construction has dropped from 22% unemployed to 7% slightly higher than the national unemployment rate. In fact, many builders are facing a shortage in employees as they try to build new homes for the buyer demand as quickly as possible in new home communities that once stood dormant during the Recession. This increase in demand for construction employment has only been a boon for the real estate industry’s recovery overall.
