Story perspectives

Nonresidential Construction Adds 6,400 Jobs Amid Rising Unemployment

8/6/2025

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Summary

Story summary

Nonresidential construction created 6,400 jobs in July, driven primarily by heavy engineering, which added 6,000 jobs.
The overall unemployment rate increased to 4.2%, while construction unemployment held steady at 3.4%.
The U.S. economy is projected to have a 60% chance of recession by 2025, with industrial sectors likely to excel.
The influence of AI on job resilience is exaggerated; construction and industrial sectors are vital for economic recovery.

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Story summary

Nonresidential construction created 6,400 jobs in July, driven primarily by heavy engineering, which added 6,000 jobs.
The overall unemployment rate increased to 4.2%, while construction unemployment held steady at 3.4%.
The U.S. economy is projected to have a 60% chance of recession by 2025, with industrial sectors likely to excel.
The influence of AI on job resilience is exaggerated; construction and industrial sectors are vital for economic recovery.