PROVIDENCE – Rhode Island lost 200 construction jobs in March compared with the same period in 2011, according to an Associated General Contractors of America analysis of federal employment data.
There were 13,200 construction jobs in Rhode Island in March, down from 13,400 during the same period 2011, the Arlington, Va.-based construction-industry trade group said.
In the Providence-Fall River-Warwick metropolitan area, year-over-year construction jobs declined 8 percent in March to 15,200, down from 16.500 in March 2011.
Nationally, year-over-year employment in the building trades increased in 155 of 337 metropolitan areas, while remaining flat in 48 and declining in 134.
The Associated General Contractors attributed the relatively soft hiring numbers for March, compared with February, to the warm weather, which prompted firms to hire earlier in the year than usual.
“While last March firms were getting a late start to the construction season because the winter was so cold, this year’s warm winter allowed many firms to do their typical spring hiring in February,” said Ken Simonson, the association’s chief economist.
“It is too early to tell whether the hiring momentum within construction is slowing down or just pausing to let contractors catch up with the weather,” added Simonson.
To view a full list of changes across the U.S. visit www.agc.org.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.