U.S. Commerce Department figures show that
nonresidential construction added 13,300 jobs in March, offsetting the loss of 7,600 jobs lost in the residential sector as a key indicator of new construction projects entering the development pipeline advanced for the sixth straight month.
Not exact matches
Adding to the 0.4 % decline in in
nonresidential private
construction, private residential
construction fell significantly by 3.5 % in the month, the largest decline since April 2009.
While overall U.S. employment growth lost steam with a disappointing 98,000 jobs
added in March,
nonresidential construction remains a bright spot.
While it is true that weakness in
construction employment is due in part to
nonresidential construction, other Bureau of Labor Statistics data indicate that home builders have not
added many jobs in 2012.
Ongoing rebuilding efforts continued to boost both residential and
nonresidential specialty trade contractors (+10,700 and +11,900, respectively), while the
construction of buildings subsector
added another 8,600 jobs in November.