The Associated General Contractors of America reports that North Carolina construction employment in May was 168,200, down 4,800 jobs, or 2.8 percent, from April. The Triangle Business Journal says, compared with May 2011, the state was down 8,000 jobs or 4.5 percent. It was one of 30 states that lost construction jobs in May, the trade group says.
“As the public sector continues to restrain growth in construction demand, we will continue to see weak reports like this,” says Ken Simonson, the association’s chief economist. “There isn’t enough demand for private sector structures to compensate for dwindling investments in highways, bridges, water systems and public buildings.” Read More