March 20, 2003
Employment data for 1990 to 2000 based on an establishment survey show annual average employment in the construction industry reaching a cyclical trough of about 4.5 million in 1992 before increasing 49.1 percent to 6.7 million in 2000. From its cyclical trough in 1991, in contrast, employment in the economy as a whole has grown 21.7 percent.
Over the same period, the unemployment rate in the construction industry rose to 16.8 percent in 1992 and fell to 6.4 percent in 2000. The overall unemployment rate in 2000 was 4.0 percent.
The average hourly earnings of workers in construction were $17.88 in 2000, compared to an average of $13.75 for all workers. Construction workweek: 39.3 hours. Weekly earnings: $702.68.
There were 1,154 fatal occupational injuries in construction in 2000.
In 1999, the latest year for which there are data, there were 501,400 nonfatal injuries and illnesses in construction. Incidence rates for nonfatal injuries and illnesses were 8.6 per 100 full-time equivalent workers in construction and 6.3 per 100 full-time equivalent workers in all private industry in 1999.
Source: Bureau of Labor Statistics
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