Sunday, January 4, 2015

Construction on the Rebound

Despite the huge impact the recession had on the construction industry that resulted in a large decline in employment, the U.S. Labor Department projects the industry is on a comeback.  In fact they estimate it will be one of the fastest growing sectors of the decade. 

In a recently released November 2014, Current Employment Statistics Survey from the U.S. Bureau of Labor Statistics, shows, “Employment in construction continued to trend upward in October (+12,000), bringing the current 12-month net job gain to 231,000.  Within the sector, employment in residential specialty trade contractors continued to trend up in October (+10,000), and job gains totaled 81,000 over the year.”  They estimate that cement masons alone are expected to experience an employment growth of approximately 35% during this decade with 50,100 projected new jobs.

The U.S. News and World Report also indicates that some of the fastest growing jobs in the industry are cement masons and concrete finishers with carpenters and construction laborers following closely behind.  They report by 2022, there will be an astounding 259,800 new positions for general construction workers.

Furthermore as the construction industry grows, so does the need for trucking services as proven by Conco’s own Reliable Trucking Company.  Qualified, licensed truck drivers should not have much of a problem finding employment. 

A construction manager position was number one on the U.S. News and World Report’s Best Construction Jobs list for 2014 with almost 80,000 new managers expected to enter the field this decade.  The job generally calls for a bachelor’s degree in construction management, architecture or engineering.  The number two job on the list was that of a cost estimator with a projected job increase of more than 26% by 2022.  Cost estimators coordinate with the project’s engineers, architects and construction managers to determine technical, mechanical and fiscal requirements. 

Source:
bls.gov/web/empsit/ceshighlights.pdf
money.usnews.com/careers/best-jobs/rankings/best-construction-jobs?int=d97792


Conco is a leading supplier of concrete services for the Western United States. We have built our reputation with superior concrete formwork, reinforcing, place and finish, shotcrete and other ancillary services that benefit from our vast experience.  Our concrete services include commercial, educational, parking and other construction development as well as public works projects and highways.

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