Vol. 23, No. 40 Oct.30-Nov. 3, 2023Construction employment rises in October, unemployment dips; September openings, spending rise Construction employment increases in OctoberConstruction employment, seasonally adjusted, totaled 8,033,000 in October, a gain of 23,000 from September and 219,000 (2.8%) year-over-year (y/y), according to AGC’s analysis of data the Bureau of Labor Statistics (BLS) posted today… Read more Construction job openings continue to riseThere were 438,000 job openings in construction, not seasonally adjusted, at the end of September, the highest September total in the 23-year history of the series and up 2.4% from the September 2022 total of 438,000, BLS reported on Wednesday… Read more Construction spending grows Construction spending (not adjusted for inflation) totaled $1.997 trillion in September at a seasonally adjusted annual rate, up 0.4% from the upwardly revised August rate and up 8.7% y/y, the Census Bureau reported on Wednesday… Read more Construction employment rises in 59% of metro areasConstruction employment, not seasonally adjusted, rose y/y from September 2022 in 212 (59%) of the 358 metro areas (including divisions of larger metros) for which BLS posts construction employment data, fell in 78 (22%), and was unchanged in 68, according to an analysis AGC released on Tuesday… Read more Construction economy outlookEconomists Ken Simonson (AGC), Kermit Baker (AIA), and Alex Carrick and Michael Guckes (ConstructConnect) will present their views on the construction and design outlook in a webinar on Wednesday, November 8, 2-3:30 pm ET… Read more