MERIC NEWS LETTER

Using LED: A Closer Look at Missouri's Construction of Buildings Sector

This report presents selected quarterly workforce indicators for the construction of buildings sub-sector of the construction sector of Missouri's economy with highlights for specific workforce investment areas.

The construction sector consists of three sub-sectors: construction of buildings, heavy and civil engineering construction and specialty trade contractors. In the second quarter of 2004 there were 150,439 jobs in the construction sector in Missouri, of which 34,671 jobs (23%) were in the construction of buildings sub-sector. The second quarter 2004 employment figure represents a 2,065-job or 6% increase over second quarter 2003 employment for construction of buildings statewide.

The construction of buildings sub-sector consists of residential and nonresidential building construction. Theses divisions include firms that perform new work, additions, alterations, or maintenance and repairs on residential and nonresidential buildings respectively. The second quarter is the beginning of an up turn in the yearly employment cycle, and the high point in the yearly hiring cycle for the construction of buildings sub-sector. Employment in the construction of buildings sub-sector increased most in the St. Louis City (440 positions) and St. Charles County (480 positions) workforce investment areas (WIAs) between the second quarter of 2003 and the second quarter of 2004. Employment in this sub-sector is concentrated in the metropolitan areas 46% in the greater St. Louis area and 15% in the Kansas City area.

The difference between the average monthly earnings of an average worker in an industry and the average monthly earnings of workers newly hired into that industry provides an indication of the current demand for workers in that industry for any given geographic area. The average of these differences across geographic areas provides and indication of the premium accrued to experience in this sub-sector. The difference between average worker and new hire salaries in Kansas City, St. Louis City and St. Charles County portrayed on the graph indicates weak demand for workers in the construction of buildings sub-sector in those areas, while the difference between average worker and new hire salaries in the Southwest indicates increased or strong demand for workers in this sub-sector.

For more information please contact Tim Smith at timothy.smith@ded.mo.gov or (573) 751-3332.

 LINE


Contact Us                                                       MERIC Home