All Things Recruiting & Employment

Home | Jobs | Free Resume Builder | Recruiting News | Outplacement Services | NYC jobs | Audio jobs

Wednesday, September 30, 2009

 

Construction Jobs in Nashville

The Associated General Contractors of America said in a report issued Wednesday that construction-related jobs in Nashville dropped by 13 percent in August from the same month a year earlier.

Construction jobs dropped 22 percent across Tennessee.

In the Nashville metro area, construction-related employment went down by 5,200 over the year ended August 2009, the AGC of America's report says. There were 35,000 people still employed in construction in the Nashville area as of August, down from 40,200 a year earlier.

Nashville ranked 189th out of the 337 metro areas studied, with first place meaning the biggest gain in construction jobs by percentage and 337th place the most jobs lost by percentage.

Nationwide, unemployment in the construction industry now stands at 16.5 percent, well over the national rate for all industries, the report says.

The report is based on AGC of America's analysis of data from the U.S. Department of Labor's Bureau of Labor Statistics. It includes direct construction jobs as well as employment in related segments of mining and logging.

With the report, the trade group unveiled a proposal combining incentives, tax cuts and infrastructure investments that it said would help "stem the dramatic decline in construction activity and employment taking place nationwide."

It includes a call for repealing the alternative minimum tax and increasing and extending a series of tax credits and cuts – including the net operating loss carry back – to boost investments in real estate development, as well as doubling federal spending on transportation infrastructure.

Statewide in Tennessee, the report said construction-related employment declined 22 percent, to 105,000 jobs, over the 12-month period.

Nationwide, AGC of America said only eight metro areas out of 337 saw gains in construction employment, led by Columbus, Ind., with a 14 percent increase. Five other cities saw no change.

The biggest decline by percentage was in Reno-Sparks, Nev., with a 35 percent drop in jobs.

Labels:






<< Home

Archives

July 2006   August 2006   September 2006   October 2006   November 2006   December 2006   January 2007   February 2007   March 2007   April 2007   May 2007   June 2007   July 2007   August 2007   September 2007   October 2007   November 2007   December 2007   January 2008   February 2008   March 2008   April 2008   May 2008   June 2008   July 2008   August 2008   September 2008   October 2008   November 2008   December 2008   January 2009   February 2009   March 2009   April 2009   May 2009   June 2009   July 2009   August 2009   September 2009   October 2009   November 2009   December 2009   January 2010   February 2010   March 2010   April 2010   May 2010   June 2010   July 2010   August 2010   September 2010   October 2010   November 2010   December 2010   January 2011   February 2011   March 2011   April 2011   May 2011   June 2011   July 2011   August 2011   September 2011   October 2011   November 2011  

This page is powered by Blogger. Isn't yours?