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The State of Employment in August

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Market Data + Trends

The State of Employment in August

Construction sector jobs in the U.S. increased by 193,000 year-to-date, which is a 2.7% increase from August 2020.


September 24, 2021
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Photo: stock.Adobe.com

After nearly six months of the economy creating more than 700,000 new jobs each month, employment increased at a slower rate by 235,000 jobs in August, according to the Bureau of Labor Statistics. However, year-over-year, construction sector jobs in the U.S. increased by 193,000, which is a 2.7% increase compared to the August 2020 level

Across the 48 states which reported construction sector jobs data—which includes both residential as well as non-residential construction— 24 states reported an increase in August compared to July, while 21 states lost construction sector jobs. Colorado, South Dakota, and Utah reported no change. Nevada added 3,000 construction jobs while Kansas lost 2,400. Overall, the construction industry lost 3,000 jobs in August compared to the previous month. In percentage terms, New Hampshire increased by 4.4% while Kansas reported a decline of 3.7% between July and August.

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