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Mon, June 17

Construction industry improving, says Bureau of Labor

The job outlook has improved for construction trades nationally, according to Matt Insco, an economist with the U.S. Bureau of Labor Statistics in San Francisco.

He said 233,000 fewer people were unemployed in construction and extraction (mining) occupations in 2012 than in 2011 nationwide. The jobless numbered about 1.2 million in 2012.

The jobless rate for the construction/extraction category totaled 14.4 percent in 2012, down from 19.7 percent in 2009, Insco said.

His employer is part of the U.S. Department of Labor, which announced that the unemployment in the Prescott metropolitan market (all of Yavapai County) dropped from 8.5 percent in October to 7.9 percent in November. It was 9 percent in November 2011.

The preliminary number for the labor force in Prescott was 16,590 people in November, with 1,380 workers unemployed, according to a chart that Insco provided.

Insco does not have any data yet on employment in the construction/extraction category for the county for 2012.

He provided a link to employment statistics for the county for May 2011 at http://www.bls.gov/oes/current/oes_39140.htm.

The data shows that 2,690 people worked in that category in the county, with an average hourly wage of $18.07. The average hourly wage in the county in May 2011 was $18.47.

The construction trades offer "lucrative careers" for youths who are not college bound, said Sandy Griffis, executive director of the Yavapai County Contractors Association.

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