State-by-State Construction Sector Employment Data for October
Employment Situation in October: State-Level Analysis
A closer look at the nonfarm payroll employment on a state-by-state basis in October, with additional analysis provided by the National Association of Home Builders (NAHB), reveals that employment increased in 42 states and declined in 8 other states and the District of Columbia. Nationwide nonfarm payroll increased by 261,000 jobs in October, following a 315,000 job gain in September.
Looking exclusively at the construction industry sector, across the 48-states which reported construction jobs data (which includes both residential as well as non-residential construction), 25 states reported an increase in October compared to September, while 19 reported construction job losses. Four states—Alaska, Minnesota, Montana, and Rhode Island—reported no change. Overall, the construction industry added a net 1,000 jobs in October compared to September.
Year-over-year, construction sector jobs in the US increased by 266,000, which is a 3.6% increase compared to the October 2021 level. Texas led the way adding 41,600 jobs, while Louisiana lost 9,000 jobs during the same time period.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.