Construction Employment Growth Continues Throughout the Southwest
The Silver State continued its strong start to 2016 by posting an 11.6% yearly increase in construction employment in March, the fourth largest increase in the nation. The state also ranks third nationally in month-over-month construction employment growth in March, adding 3,000 jobs in the month, according to seasonally-adjusted numbers.
Of all industries in Arizona, construction experienced the third largest job growth in March, lagging behind only Leisure & Hospitality and Education & Health Services, according to the Arizona Department of Administration’s Monthly Employment Report. The construction industry posted a year-over-year construction employment growth rate of 6.3% in the state, which ranks 14th nationally.
New Mexico posted modest year-over-year construction employment gains of 2.3% in March. That figure ranks 38th nationally, according to seasonally-adjusted numbers released by The Associated General Contractors of America. However, New Mexico (-700 jobs) was also one of 22 states that lost construction jobs between February and March.