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Jobs in Construction Sector On Track for Rebound

(Photo: BananaStock/Jupiterimages/Jupiterimages)
(Photo: BananaStock/Jupiterimages/Jupiterimages)

Construction employment in the U.S. is poised to rebound as a swelling pipeline of projects prompts companies to expand, according to bloomberg.com.

Builders in October had the most job openings and broke ground on more homes than at any time in four years, government data show. Billing by architecture firms, which typically leads construction by at least nine months, is climbing at the fastest pace since December 2010.

The number of job openings at construction firms jumped to 130,000 in October, up 59 percent from the prior month and the most since May 2008, Labor Department data show.

 

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