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Kim_Gatley
Kim Gatley
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enior Vice President & Director of Research at REOC San Antonio

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Local construction sector posts 10 percent jump in employment figures

big bite excavatorAt a time when most Texas cities didn’t even break into the top 100, San Antonio had the No. 38 spot.

That was the Alamo City’s ranking, according to the November 2015 employment report by Arlington, Va.-based Associated General Contractors of America. San Antonio ranked No. 38 — out of a total of 358 metros — as a result of its construction industry adding 4,800 jobs over the past 12 months — going from 46,900 employees as of November 2014, to 51,700 jobs a year later. That equates to a year-over-year increase of 10 percent.

The local figures are representative of what’s been happening in the rest of the country. Commenting on the latest analysis, AGC Chief Economist Ken Simonson noted that “Construction employment is expanding in more parts of the country now that firms appear to be having more success finding workers to hire.”

But that may not be the case for long, he added.

“Firms may not be able to continue expanding their headcounts as rapidly, unless public officials increase investments in career and technical education programs.

Enter the AGC’s new Workforce Development Plan— a template for building up the employment pipeline of the construction industry.

Click to read entire article: Local construction sector posts 10 percent jump in employment figures (San Antonio Business Journal, 12-29-15)

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