Nevada sheds 7,100 construction jobs amid labor shortage: report

LAS VEGAS (FOX5) — According to data from the Associated General Contractors of America (AGC), Nevada shed 7,100 construction jobs, a total of 6.4% of the workforce, in the last 12 months. It represents the percentage loss in the county.

When compared month to month, the Silver State saw similar drops, with 4,400 jobs lost from July to August, a 4.1% decline. Nationally, association officials noted a difficulty in filling open positions, with 92% of firms reporting having a hard time finding workers. 45% of firms delayed projects due to labor shortages.

“Most firms are struggling to find enough workers to hire amid persistent labor shortages,” said Ken Simonson, chief economist for the AGC. “These labor shortages are the number one cause for delayed construction projects, according to our recent survey.”

“The construction officials urged federal leaders to boost funding for construction education and training and create more lawful pathways for people to enter the country to work in construction,” the report said.

The report follows data from real estate website Redfin, which indicates that Las Vegas is the fastest-cooling U.S. housing market, with home sales down 10.2% year over year.

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