About Amerisurv| Contact    
Magazine | Newsletter    
Flickr Photos | Advertise    
HomeNewsNewsletterAmerisurv DirectoryJobsStoreAuthorsHistoryArchivesBlogVideosEvents
Register to receive the Amerisurv Newsletter | Also See Our LiDAR News Newsletter | RSS Feed  

Sponsored By

Software Reviews
Continuing Series
An RTN expert provides everything you need to know about network-corrected real-time GNSS observations.
Click Here to begin the series,
or view the Article PDF's Here
76-PageFlip Compilation
of the entire series
Test Yourself

Got Answers?
Test your knowledge with NCEES-level questions.
  Start HERE
Meet the Authors
Check out our fine lineup of writers. Each an expert in his or her field.
Wow Factor
Sponsored By

Product Reviews
Partner Sites







Spatial Media LLC properties




  The American Surveyor     

Construction Adds Jobs in February, But Unemployment at 21.8 Percent Print E-mail
Written by Associated Builders and Contractors   
Friday, 04 March 2011

"The nonresidential construction segment of the industry remains stubbornly resistant to improvement due to a combination of high vacancy rates and cautious lending." —ABC Chief Economist Anirban Basu.

For the first time in six months, the nation’s construction industry added jobs in February. According to the March 4 employment report by the U.S. Labor Department, 33,000 jobs were created. However, on a year-over-year basis, construction employment is down by 24,000 jobs, or 0.4 percent. The construction unemployment rate stands at 21.8 percent – more than twice the national average. However, unemployment is down from 22.5 percent in January and down from 27.1 percent the same time last year.

Hardest hit was the nonresidential building construction sector which lost 2,000 jobs in February, but is up by 3,500 jobs year-over-year as employment in that sector stands at 654,100 jobs.

Heavy and civil engineering construction gained 4,500 jobs in February and 26,600 jobs, or 3.3 percent, over the last twelve months. The specialty trade contractor sector added 16,700 jobs for the month and 11,500 jobs, or 0.6 percent, year-over-year. This represents the first year-over-year increase for the sector since June 2008. Residential building construction employment increased by 2,200 jobs in February, but is still down by 20,000 jobs, or 3.4 percent, from the same time last year.

Overall, the nation gained 192,000 jobs in February with 222,000 jobs added in the private sector and 30,000 jobs lost in the public sector. Year-over-year, the nation has added 1,269,000 jobs, or 1 percent. The national unemployment rate now stands at 8.9 percent.

“It turns out it really was the weather,” said Associated Builders and Contractors Chief Economist Anirban Basu. “The U.S. construction sectors added 33,000 jobs in February, and this number was likely enhanced by the buildup in demand for labor in January.

“Unfortunately, nonresidential building construction continued to shed jobs, losing 2,000 for the month. This segment of the construction industry remains stubbornly resistant to improvement due to a combination of high vacancy rates and cautious lending,” said Basu.

“While the situation is likely to improve going forward, particularly as the balance of the nation’s economy gathers momentum, there is little reason to believe conditions will improve markedly in 2011,” Basu said.

“Still, overall construction employment totals should pick up gradually over the course of the year. But it’s clear that cold weather and snow had served to interrupt the momentum that had been building over the past six months,” said Basu.

To view the previous employment report, click HERE.

< Prev   Next >


Amerisurv Exclusive Online-only Article ticker
Featured Amerisurv Events
List Your Event Here
contact Amerisurv


Javad Intros
Total Solution

press [at] amerisurv.com
Online Internet Content


News Feeds

Subscribe to Amerisurv news & updates via RSS or get our Feedburn
xml feed

Need Help? See this RSS Tutorial

Historic Maps

post a job
Reach our audience of Professional land surveyors and Geo-Technology professionals with your GeoJobs career ad. Feel free to contact us if you need additional information.


Social Bookmarks

Amerisurv on Facebook 

Amerisurv LinkedIn Group 

Amerisurv Flickr Photos 

Amerisurv videos on YouTube 



The American Surveyor © All rights reserved / Privacy Statement
Spatial Media LLC
7820B Wormans Mill Road, #236
Frederick MD 21701
301-695-1538 - fax