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Where U.S. Jobs Are Sprouting Vs. Withering & Implications for Construction Blog Feature

By: Alex Carrick, Chief Economist on March 29th, 2022

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Where U.S. Jobs Are Sprouting Vs. Withering & Implications for Construction

This article is an exploration of where jobs are sprouting in the U.S. economy versus where they are withering. The analysis is carried forward by means of cluster charts comprised of two graphs each and a text box.

The side-by-side placing of the two graphs in each cluster chart has been done with care. The two subsectors have been chosen deliberately to explore a specific relationship:

  • complementary (e.g., real estate and architectural/engineering design)
  • moving in opposite directions (e.g., semiconductor manufacturing and software publishing)
  • a lead-in from one to the other (e.g., warehousing/storage and truck transportation)
  • they’re positioned within the same pocket of the economy (e.g., coal mining and oil/gas exploration)

In each cluster chart, the accompanying text box at the bottom provides insight into where employment in the sectors has been, where it’s going, and what will be the likely implications for construction activity.

The subsector titles are the designations adopted by the Bureau of Labor Statistics (BLS).

Cluster Chart 1

U.S. Sub-Sector Jobs (Jan 22) (1)

Cluster Chart 2

U.S. Sub-Sector Jobs (Jan 22) (2)

Cluster Chart 3

U.S. Sub-Sector Jobs (Jan 22) (3)

Cluster Chart 4

U.S. Sub-Sector Jobs (Jan 22) (4)

Cluster Chart 5

U.S. Sub-Sector Jobs (Jan 22) (5)

Cluster Chart 6

U.S. Sub-Sector Jobs (Jan 22) (6)

Cluster Chart 7

U.S. Sub-Sector Jobs (Jan 22) (7)

Cluster Chart 8

U.S. Sub-Sector Jobs (Jan 22) (8)

Cluster Chart 9

U.S. Sub-Sector Jobs (Jan 22) (9)

Cluster Chart 10

U.S. Sub-Sector Jobs (Jan 22) (10)

Cluster Chart 11

U.S. Sub-Sector Jobs (Jan 22) (11)

Cluster Chart 12

U.S. Sub-Sector Jobs (Jan 22) (12)

Cluster Chart 13

U.S. Sub-Sector Jobs (Jan 22) (13)

Cluster Chart 14

U.S. Sub-Sector Jobs (Jan 22) (14)

Cluster Chart 15

U.S. Sub-Sector Jobs (Jan 22) (15)

 

About Alex Carrick, Chief Economist

Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985.

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