Story perspectives

U.S. Construction Job Openings Hit 10-Year Low

10/2/2025

Summary

Story summary

In August 2025, U.S. construction job openings dropped to 188,000, the lowest level in nearly ten years.
This marks a decline of 115,000 from July and 116,000 from August 2024.
The Bureau of Labor Statistics (BLS) reported a 38% year-over-year decrease in open construction jobs.
Chief economist Anirban Basu linked this decline to reduced construction spending and employment.
Despite challenges, contractors remain optimistic for the next six months, per the Construction Confidence Index.

History

Historical Context

The U.S. construction industry faced a severe downturn in 2011, with unemployment reaching 17.1% and 1.5 million jobs lost due to the housing crisis. This decline mirrors ongoing challenges, as evidenced by the current 188,000 job openings. Despite a 38% year-over-year decrease, contractor optimism hints at a potential recovery, reminiscent of the industry's gradual rebound after 2011.

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Story summary

In August 2025, U.S. construction job openings dropped to 188,000, the lowest level in nearly ten years.
This marks a decline of 115,000 from July and 116,000 from August 2024.
The Bureau of Labor Statistics (BLS) reported a 38% year-over-year decrease in open construction jobs.
Chief economist Anirban Basu linked this decline to reduced construction spending and employment.
Despite challenges, contractors remain optimistic for the next six months, per the Construction Confidence Index.

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