Construction employment declined 5.4% dropping 5706 employees. Losses were seasonal. Special Trades (17) incurred the largest decrease down 2499 employees. Many subsectors declined, but the largest were Misc Special Trade Contractors (179) and Concrete Work (177) each down more than 850 employees. Losses in Misc Special Trade Contractors were centered in Excavation Work (1794) and were typical due to the weather. Losses in Concrete Work were also seasonal. Masonry, Stonework, Tile Setting & Plastering (174) experienced unseasonal growth due to increased demand for drywall and insulation work. Heavy Construction (16) saw typical seasonal losses down 2281 employees. General Building (15) dropped 926 employees. The bulk of the slowdown occurred in Residential Building (152) down 654.
ANNUAL
Annual growth for the Construction industry improved over the last three quarters increasing 6.7% adding 6275 employees. Annual growth for the last three quarters has remained in the 3% to 4% bracket. Growth was strongest in the Special Trade (17) sector gaining 4603 employees. Within Special Trade, Concrete Work (177) generated the largest growth followed by Plumbing, Heating & Air-Conditioning (171). Employment gains were 1162 and 899, respectively. General Building (15) added 848 employees over the year. Growth was primarily found in Residential Building (152). About one quarter of the increase in Residential Building occurred in the Metro Denver area. Small gains were registered in Nonresidential Building (154) and small losses in Operative Builders (153). Heavy Construction (16) added 824 employees.
1995 SIC CHANGES
As a result of reclassification this industry gained approximately 198 employees and a quarterly payroll of $623,583.
Colorado Employment and Wages (ES202) First Quarter 1996
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