
Construction job growth has slowed sharply in 2025, averaging just over 5,000 new jobs per month from March to May—down significantly from late 2024. Residential sub-trades have been hit hardest, losing 22,000 jobs and shrinking the workforce by 2% since September 2024. Despite the slowdown, construction workers continue to earn a 24% weekly pay premium over the private sector, driven by higher hourly wages and longer work hours.