The US construction industry experienced an 11% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Black & Veatch with 29,192 job postings according to GlobalData’s analysis of construction company job postings. GlobalData’s United States (US) Construction Market Analysis report provides a top-level overview and detailed market, category and company-specific insights on the United States construction industry. Buy the report here.
Notably, Architecture and Engineering Occupations jobs accounted for a 17% share of the US’s construction industry new job postings in Q1 2023, up by 19% over the prior quarter.
Architecture and Engineering Occupations drive construction hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Architecture and Engineering Occupations, which accounted for 17% of the total new job postings in Q1 2023 and were up by 34% year-on-year. Second highest were Management Occupations, which accounted for 14% and drop by 6% year-on-year, and third highest were Installation, Maintenance, and Repair Occupations, which were 11% of the new job postings and 9% lower year-on-year.
Top five companies in construction accounted for 28% of hiring activity
The highest number of jobs were posted by Black & Veatch with 29,192, followed by CDM Smith with 14,717, while the highest increase was at Mohawk Industries at 197%.
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