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How many construction workers are there in the US in 2020?
The statistic shows the number of employees in the U.S. construction industry as of May 2020, broken down by occupation. As of this time, the construction industry in the United States employed approximately 66,000 brickmasons, blockmasons, and stonemasons.
What percentage of US workforce is construction?
At 7.5 million, the construction workforce is sizeable, contributing about 5 percent (in 2019) to overall employment in the economy.1 Yet, the journey of this workforce hasn’t always been a smooth one, especially over the last two decades.
How many construction workers are there?
1,125,200 persons
Construction employs approximately 1,125,200 persons (ABS seasonally adjusted data), which accounts for 8.6 per cent of the total workforce. Over the past five years, employment in the industry has increased by 6.7 per cent.
How much of the US economy is construction?
U.S. construction spending as a percentage of GDP 2008-2017 In 2017, the construction spending to GDP ratio stood at around 6.36 percent.
What percentage of the population works in Construction?
With around 131.39 million full-time employed individuals in the US as of November 2019, it’s fair to say that the US construction market plays a major role in the country’s overall economy; almost 8% of the entire full-time working population is in the building sector.
What race are most construction workers?
The most common ethnicity of Construction Workers is White (63.8%), followed by Hispanic or Latino (19.2%) and Black or African American (11.5%). The majority of Construction Workers are located in NY, New York and TX, Houston.
How big is the construction industry?
The Construction industry is expected to record a CAGR of 15.7% to reach $ 738.5 billion by 2022. Foreign Direct Investment (FDI) received in the Construction Development sector (townships, housing, built-up infrastructure and construction development projects) from April 2000 to March 2019 stands at US$ 25.05 billion.
Is construction well paid?
Construction workers and building inspectors are some of the highest-paid contractors in the construction industry, with a median salary of nearly $63,000. If you’re just getting started, this isn’t the job for you. Typically, it requires several years of related work experience.