Study: Construction employment drops across U.S, increases 5 per - KSFY News - Sioux Falls, SD News, Weather, Sports

Study: Construction employment drops across U.S, increases 5 percent in Sioux Falls

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South Dakota saw a 3% drop in Construction, mining, logging. However, Sioux Falls alone saw a 5% increase in those fields (probably construction) by adding 300 jobs.

According to a new study, construction employment declined in several metropolitan areas across the nation. However, construction employment increased in Sioux Falls.

The research was conducted by the Associated General Contractors of America. It found construction employment declined in 151 out of 337 metropolitan areas between November 2011 and November 2012, increased in 126 and was stagnant in 60.

Association officials noted metro areas in New York and New Jersey in particular experienced significant construction declines in the first full month after Hurricane Sandy.

"The uncertainty about 2013 federal tax and spending rates likely prompted firms in many parts of the country to hold back on hiring," said Ken Simonson, the association's chief economist said in a news release. "Construction workers in the New York area, meanwhile, suffered as existing projects were put on hold in the weeks following Hurricane Sandy."

The largest job losses were in Nassau-Suffolk, New York, -6,900 jobs, followed by Las Vegas-Paradise, Nevada, -5,200 jobs.

South Dakota also saw a 3 percent decrease in construction jobs, despite a 5 percent increase in construction jobs in Sioux Falls alone. According to the Association Sioux Falls added approximately 300 construction jobs from November 2011 to November 2012.

View construction employment figures by state and rank.

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