Construction industry jobs start to recover

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Our latest Industry Employment Trends report reveals a welcome improvement for a sector severely impacted by the recession: construction. For the first time in 2010, the construction industry had more job postings than a year ago, with a 12% increase compared to April 2009.

The report shows year-over-year growth in job postings for 11 of the 12 major industries we track. Those that struggled most last year – cyclical industries like retail, transportation and hospitality – are now gaining the most momentum.

In January 2009, retail had shrunk -45% year-over-year, transportation -47% and hospitality -48%. All three are now up strongly over April of last year: 57%, 48% and 41%, respectively.

April 2010 Employment Industry Trends

We release our Industry Employment Trends prior to the Bureau of Labor Statistics’ monthly employment outlook, so be sure to check back on the second business day of each month for a forward-looking view of the changing job market.