Construction employment dropped by 6.6% losing 7560 employees. All sectors of Construction experienced the decline. Most of the losses sustained over the quarter are typical for this time of year and are related to project completions and winter weather shut downs. Special Trade (17), the largest sector of Construction, reported the largest employment drop, down 4195. The greatest loss was registered in Concrete Work (177) which declined by 1292 employees. Losses were greater this year than the same time period a year ago, but Concrete Work is experiencing a higher volume of employment. Misc Special Trade Contractors (179) fell by 814. Most losses in this sector resulted from seasonal slowing in Excavation Work (1794). Heavy Construction (16) lost 2700 employees over the quarter. Much of this sector is involved in road construction which typically slows in the winter. General Building (15) declined by 665 employees. Losses were concentrated in residential construction.
ANNUAL
Annual growth for the Construction industry is at 7.6% having added 7567 employees. Almost 75% of the growth occurred in Special Trades (17) up 5625 employees. Within Special Trades Plumbing, Heating & Air-Conditioning (171) generated the largest increase up 1606 followed by Masonry, Stonework, Tile Setting & Plastering (174) up 1198. Increases in Masonry, Stonework, Tile Setting & Plastering resulted mainly from increased subcontract work in drywall construction. General Building (15) added 1890 employees over first quarter a year ago. Growth was closely divided between residential and nonresidential construction. Residential construction gained 954 employees over a year ago with most of the activity in the balance of state while nonresidential construction added 805 with most activity in the Metro Denver area. Heavy Construction (16) added a mere 52 employees. Increases were exclusive to highway and street construction.
1996 SIC CHANGES
As a result of reclassification this industry lost approximately 46 employees and a quarterly payroll of $716,629.
Colorado Employment and Wages (ES202) First Quarter 1997
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