Monthly Rise in Construction Unemployment Rate, but Year Over Year is Up
There was an increase in construction worker unemployment rates within the last month: September showed 8.5% which went up to 9% in October.
Although an increase, even if slight, is not favorable in any industry when looking at year over year numbers, the construction industry is looking up: October 2012 unemployment rate was 11.4%, quite a bit higher than this year.
The Industry is Looking Up
Although unemployment rate had a slight increase, there was a healthy increase in jobs created (11,000 in October).
In fact, the industrys employment is at 5.8 million workers, the highest it’s been since August 2009. The sector that is seeing the most growth is in the residential building jobs.
Increase in Home Projects
Residential buildings are popping up everywhere and old buildings are being renovated. Are you seeing an increase in residential jobs? Working on bids for home additions or apartment renovations? Building condos in a big metro area?
Residential projects will always be going on – whether it’s in a big city like Chicago, San Francisco or New York or smaller towns like St. Augustine, FL, Baraboo, WI, or Astoria, OR. BigRentz has the equipment you need to get your next residential project done right.
BigRentz Construction Rentals
Find the rentals you need at BigRentz- nationwide coverage. We have everything from bulldozers to welders. Scissor lifts to earthmovers.
We have the equipment you need for your next project. Low prices, fast and free delivery, top of the line machinery. Call our dedicated team to get a free quote today. We are ready to help you work on your next site.