South Carolina lost 700 construction jobs between March and February, according to an analysis of U.S. Labor Department data by the Associated General Contractors of America. The S.C. construction industry had 79,800 workers in March compared with 80,500 in February, GSA Business reported. For the 12-month period, construction employment was up 2.3% in South Carolina.
Although overall construction employment has risen for 10 consecutive months, association officials cautioned there could be construction cutbacks resulting from proposed decreases in federal funding for infrastructure.
Ken Simonson, AGC’s chief economist, said jobs are being added in residential and private nonresidential construction. But investment in infrastructure and public buildings is still on a downward path due to sequestration of the federal budget, he said.
Nationally, construction employment nationwide rose for the 10th consecutive month in March. Read More.
