Tricia Lynn Silva
Reporter/Project Coordinator-San Antonio Business Journal
October brought a good-news/bad-news scenario to the state’s construction sector.
Construction firms in Texas added 14,500 employees to their payrolls between October 2012 and October 2013, according to the latest employment analysis by Arlington, Va.-based Associated General Contractors of America.
In October 2012, the state’s construction industry reported 593,500 employees. A year later, this sector had 608,000 employees — an increase of 2.4 percent.
Only two states, in fact, added more construction jobs on a year-over-year basis — Florida, with 26,600 jobs added; and California, which added 26,000 jobs to its construction sector.
Austin’s unemployment rate dropped from 5.3 percent in September to 5.1 percent in October, the Texas Workforce Commission reported Friday.
Texas, however, also had the dubious honor of losing the largest number of construction jobs between September and October 2013 — shedding a total of 4,000 employees, AGC reports.
But even after shedding those jobs, Texas’ construction sector is still in good shape. Only California’s construction industry had more employees as of October 2013 — a total of 625,400 individuals versus Texas’ total of 608,000.
After California and Texas, comes Florida at No. 3, with a total of 373,700 construction employees as of October 2013.