In April 2015, the Star Tribute in Minnesota reported that strong construction hiring for the month helped to bring the unemployment figures down to record low levels. The construction industry in Minnesota hired 6,600 new workers that month and helped to lower the Minnesota unemployment rate down to 3.7 percent. Overall for the month, the state of Minnesota saw 7,400 new jobs created and that helped to launch an extremely successful spring and summer season.
Despite the great numbers, many analysts felt the Minnesota construction hiring numbers could have been better given the increase in commercial construction. In 2015, Minnesota was hit with a cold and intense winter that meant a slow start to the construction season for that year. But the winter of 2016 was much milder in Minnesota, and analysts finally got to see if the construction industry could maintain its momentum and hire even more people in 2016.
Minnesota is a hot bed for construction hiring in 2016.
The Mild Winter Helped
According to Finance and Commerce, the mild winter in Minnesota definitely helped to spur more construction hiring for 2016. In January 2016, there were 1,900 new construction jobs created in Minnesota. In February, that number jumped to 3,200 new jobs in a winter that saw unprecedented construction activity for Minnesota.
There were employment losses in the first two months of 2016 for Minnesota, but the gains by the construction, education, and health services industries help to more than offset the losses. When 2015 ended, Minnesota’s unemployment rate had risen to 4.9 percent after the traditional construction season ended. But when construction was able to start so early in 2016, that unemployment rate dropped back to the 3.7 percent level it was at in 2015.
The construction industry in Minnesota has made huge
contributions to the state’s positive employment numbers.
Construction Lead The Way In A Record Year
The state’s adjusted numbers for employment showed a raw gain of 600 jobs between January and February 2016. It may not seem like much, but that is the biggest raw gain in jobs for that period since 1990, and it has created momentum that should carry into the spring and summer months.
In Minnesota, the annual rate for job growth in the construction industry is already at 6.2 percent for the year. Because of the mild temperatures throughout the state, the construction industry in Minnesota has been able to grow at a much faster rate than the 4.2 percent national average. The weather has allowed the state to start some public development projects early, and that is one of the reasons that early construction hiring is so strong.
Analysts in Minnesota expect this increase in construction jobs to continue throughout the year. If you want to learn more about the construction industry in Minnesota, then you need to start a course with PDH Contractors. With the expert information provided by PDH Contractors, you will be able to understand all of the requirements for doing work in Minnesota and prepare yourself to take advantage of the rise in work.
If you are looking for someplace to get steady construction work in 2016, then check out what the state of Minnesota has to offer. With its great weather and list of public projects, Minnesota appears to have plenty of work to go around.