Lead economist tracks pandemic’s waning effects on construction

Sources: Associated Builders & Contractors, Washington, D.C.; CP staff An Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics indicates that the construction industry added 110,000 jobs in March, bringing to 931,000 the number gained since April 2020, or nearly 84 percent of those jobs lost during the early stages of the Covid-19 pandemic. The construction unemployment rate…

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Pandemic effects slightly skew 2020 union membership rates

Sources: U.S. Bureau of Labor Statistics; CP staff Wage and salary workers who were members of unions represented 10.8 percent of the 2020 workforce, a 0.5 percent year-over-year gain, the Bureau of Labor Statistics reports. In construction, the union membership rate rose 0.1 point, to 12.8 percent or 1.05 million workers, over the same period. 

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Unions’ share of U.S. workforce falls farther

Sources: U.S. Bureau of Labor Statistics; CP staff

The 14.7 million wage and salary workers who were members of unions in 2018 represented 10.5 percent of the U.S. workforce, down 0.2 percent year-over-year, a Bureau of Labor Statistics report confirms. The figure underscores a sustained union membership rate decline since 1983, the first year for which comparable worker data are available. BLS calculated a rank-and-file of 17.7 million workers that year, or 20.1 percent of the wage and salary workforce. 

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Workforce age continues upward clip as Baby Boomers stay on the job


From U.S. Bureau of Labor Statistics Branch Chief Teri Morisi … By 2024, nearly one in four people in the labor force will likely be over the age of 55, a sharp change from 1994, when just under 12 percent of workers were at or above that age threshold. Workers 55 and older will represent the largest share of the 2024 workforce as measured by the other age groups of 16-24, 25-34, 35-44 and 45-54.

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