Construction's jobless rate improved in April, declining to 17.8% from March's 20%, the Bureau of Labor Statistics reports. Last month's figure also was markedly better than the industry's April 2010 level of 21.8%, but construction's rate remained the worst among major U.S. industries.BLS's latest monthly employment update, released on May 6, shows that construction gained 5,000 jobs in April, according to preliminary numbers. But the bureau also observed that total construction employment "has shown little net movement since early 2010, after having fallen sharply during the prior three years."Looking at construction segments, heavy and civil construction recorded an increase of 12,700
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.