Construction Industry Employment Numbers Hit 5-year High


Where to rent portable storage containers for your job site

More Construction Sites Mean More Jobs

There has been much written over the past several months about the recovery of the construction industry and now there’s even more good news. According to a study by the Associated General Contractors of America, construction industry employment numbers in the U.S. reached a five-year high in August as the sector added 20,000 jobs and its unemployment rate fell to 7.7 percent. The increase in job growth was the largest since 2006 and the unemployment rate is the lowest rate for August in seven years. According to the association’s chief economist, the growth was spread among residential, nonresidential, and heavy construction.

In the last twelve months, the construction industry has added 232,000 jobs and employment is up 4 percent. Since last August, residential, nonresidential, and heavy construction job numbers are up 123,100, 76,200, and 32,400, respectively. As a result of the job growth, the number of workers looking for a job fell to 67,000 in August, the lowest mark since 2007 when “many contractors were forced to delay projects because they couldn’t find qualified workers,” according to a story by Industrial Distribution. Although many construction firms continue to struggle to find qualified workers, the increase in job numbers is a major plus for the industry and a good sign that the economy is recovering.

Where To Rent Portable Storage Containers: Pac-Van

Find temporary storage nationwide

If you’re a contractor and need a temporary storage solution for construction equipment or materials on your job site, Pac-Van offers storage trailer rentals. Both short term and long term container rentals are available.

Storage Container Specs:20' Steel Shipping Container Rentals

  • 8′ x 45′ (approx. 3000 cu. ft.) and 8′ x 48′ (approx. 3300 cu. ft.)
  • Door opening is 9 feet high by 7 feet 5 inches wide
  • 14-gauge corrugated steel sides and roof
  • 14-gauge steel cam-locking doors
  • 1-1/8-inch thick marine wood floor
  • Fully tested wind and water proof
  • Optional swing-out or roll-up doors

Pac-Van is a nationwide storage solution provider. They also offer modular buildings, mobile offices, and frac tank rentals. .

 

 

 

2 comments
CameronRobertson
CameronRobertson

Recently, in our area, more and more homes are being renovated and because of this, there was an increase in the demand for temporary storage. This has brought stiff competition among the storage companies, which improved their service offerings. Competition is always good.