According to a recent report in Electrical Wholesaling, job openings continue to increase in the construction industry, based on the latest Job Openings and Labor Turnover Survey (JOLTS) from the U.S. Bureau of Labor Statistics. The construction industry had 396,000 job openings in March 2022 (seasonably adjusted), according to an Associated Builders and Contractors analysis of the BLS data. Industry job openings increased by 13,000 in March and are up 60,000 from the same time last year.
When you consider that electrical contractors historically account for 13% of construction employment, that means job opening for them in March were running at a 3-month average rate of 50,353, up +3.3% over February and +30.3% over March 2021.
For more details, read the full article on EW’s website.
