Statistical Indicators

Florida loses 8,500 construction jobs in December

Posted on Thursday, January 27, 2011

Florida lost 8,500 construction jobs in December, falling to 338,400 from 346,900 in the previous month. And, between December 2009 and December 2010, the Sunshine State lost a whopping 20,200 construction jobs, according to employment figures compiled by the Associated General Contractors of America.
Only California (down 32,900 jobs) and Texas (down 32,300 jobs) fared worse, year-over-year.
Nationwide, the industry shrank by 93,000 employees in 2010.
“The figures underscore the challenges facing the construction industry and echo the results of the construction industry outlook the association released Monday,” AGC stated in a news release.
The majority of the contractors responding to that survey said they still expect the construction market to shrink this year, with private office construction being among the weakest pockets.
“Despite slight improvements in the construction employment picture, the industry is coping with weak demand, declining stimulus activity and a growing political aversion to investing in aging infrastructure,” said Ken Simonson, the association’s chief economist, in a news release.
However, Simonson also noted that the December figures for many states may have been affected by exceptionally bad weather.
South Florida Business Journal

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