Unemployment

S. Fla. loses 9,800 construction jobs in 12 months

Posted on Friday, December 3, 2010

South Florida lost nearly 10,000 construction jobs in the last year, according to an analysis of federal employment data by Associated General Contractors of America.
The picture was a bit brighter in other parts of the country, where construction employment either increased or remained the same between October 2009 and October 2010.
Phoenix added more construction jobs – 4,100 jobs, 5 percent – than any of the 67 metropolitan areas that added jobs during the past year.
AGCA said stimulus, military base realignment and power projects stopped some of the construction job losses for many metro areas.
“But, even as construction employment has stabilized in some areas, the fact remains that construction job losses are still far too numerous and widespread,” said Ken Simonson, the association’s chief economist, in a news release.
In South Florida, Palm Beach County lost the most construction jobs, year-over-year, down to 21,800 from 25,800 in October 2009. Broward County lost 11 percent, falling to 31,200 from 35,000. Miami-Dade fell 6 percent, to 32,700 jobs from 34,700.
Statewide, the job losses weren’t as deep, falling 4 percent, or 13,800 jobs.
AGCA officials said that, even though private sector demand for construction services remains weak, there is some room for optimism. They noted that state and local tax receipts appear to be stabilizing, while demand for power projects surged between September and October.South Florida Business Journal


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