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Construction Adds 13,000 Jobs in March, But Tariffs Loom

Summary by Port Arthur News
Construction sector employment increased by 13,000 positions in March as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data the Associated General Contractors of America released today. Association officials cautioned that newly announced tariffs and potential retaliatory measures from U.S. trading partners have the potential to undermine future employment growth in t…
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Port Arthur NewsPort Arthur News

Construction Adds 13,000 Jobs in March, But Tariffs Loom

Construction sector employment increased by 13,000 positions in March as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data the Associated General Contractors of America released today. Association officials cautioned that newly announced tariffs and potential retaliatory measures from U.S. trading partners have the potential to undermine future employment growth in t…

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Yield PROYield PRO

Strong employment growth overall but construction trades suffer

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the economy experienced strong overall employment growth in March. However, the employment levels for only 2 of the 4 multifamily-related job categories we track were reported to be higher than the preliminary levels reported last month. Overall employment continues higher The BLS […] The post Strong employment growth overall but construction trades suffer appe…

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tedmag.comtedmag.com

March Construction Employment Up Just 1.8% Year Over Year – tEDmag

The tariffs will likely reduce construction activity due to rising input costs, shaken business confidence and higher-for-longer interest rates.

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tedmag.com broke the news in on Friday, April 4, 2025.
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