Construction Job Growth Outpacing Overall Nonfarm Employment

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Overall construction employment increased by 23,000 jobs in August and by 297,000 jobs over the past year, reaching a 10-year high, while the industry's unemployment rate stood at an all-time low, according to an analysis of new government data by the Associated General Contractors of America.

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Nonfarm employment growth mirrored this trend. Monthly labor review. In 2016, professional and technical services outpaced job gains of recent years. Construction employment growth was weaker in 2016 than in 2015, adding only 155,000 jobs, compared with 336,000 in 2015.

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Because of slowing employment growth in several industries, total nonfarm employment in 2016 expanded at a slower pace compared with employment in Job gains across some industries slowed relative to the pace of job growth these industries set in 2015, notably in construction, temporary…

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Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees.

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