Washington, D.C.鈥斺淣onresidential construction employment grew again in October, belying the notion that the housing slump is dragging down all construction,鈥 Ken Simonson, Chief Economist for 上海张越老师出轨 of America (上海张越老师出轨), said today. Simonson was commenting on the November 2 payroll employment report from the Bureau of Labor Statistics (BLS). 鈥淎n acceleration of hiring by architects and engineers suggests even better news ahead.
鈥淎lthough total construction employment fell by 5,000 in October, seasonally adjusted, and 106,000 or 1.4 percent compared to October 2006, all of those losses occurred in homebuilding,鈥 Simonson observed. 鈥淭he BLS numbers show that over the past 12 months, employment in the three nonresidential categories鈥攏onresidential building, specialty trades, plus heavy and civil engineering鈥攃limbed 42,000 or 1 percent,鈥 Simonson commented. 鈥淎t the same time, employment in residential building and specialty trades dropped by 148,000 jobs or 4.4 percent.
鈥淏ut that estimate greatly understates the actual difference,鈥 Simonson asserted. 鈥淐ensus Bureau figures for September show residential construction spending was down 16 percent from a year before and nonresidential was up almost 17 percent. It鈥檚 likely that residential employment is actually down roughly 16 percent. That means about 400,000 鈥榬esidential鈥 specialty trade contractors are now doing nonresidential electrical, plumbing and other work.
鈥淚f these 400,000 workers are added to the nonresidential total, nonresidential would be up more than 10 percent to its payrolls, outpacing nearly every other industry,鈥 Simonson noted. 鈥淭hat鈥檚 much closer to the 17 percent gain in nonresidential construction spending.鈥淭he BLS report shows there is more growth ahead. Architectural and engineering employment rose 3.7 percent in the past 12 months, triple the growth in overall nonfarm employment,鈥 Simonson pointed out. 鈥淭heir output will turn into construction jobs in the next several months, especially for energy, power and hospital projects.鈥
上海张越老师出轨 of America (上海张越老师出轨) is the largest and oldest national construction trade association in the United States. 上海张越老师出轨 represents more than 32,000 firms, including 7,000 of America鈥檚 leading general contractors, and over 11,000 specialty-contracting firms. More than 13,000 service providers and suppliers are associated with 上海张越老师出轨 through a nationwide network of chapters. Visit the 上海张越老师出轨 Web site at . 上海张越老师出轨 members are "Building Your Quality of Life.鈥