N. California College of Construction News Blog

See the Difference a Small College can Make!

May 2012

Posted by nahetsblog on May 8, 2012

April 2012 saw a loss of 43,000 jobs across the country it seems like a lot but their were 243,000 added in January and 211,000 added in February of 2012 ,the unemployment percentage went up a little in april but that came after four months in a row with modest gains,construction equipment sales were down in April too,

Out of the largest 337 metropolitan areas in the lower 48 states 155 saw an increase in the number of construction permits applied for,that is only a .1% increases over last year, the total value of those contracts was .5% increase over last year.In addition 44 of these metropolitan areas saw no change over thesame period of time in 2011 and 138 had a decrease construction,the schools that teach heavy equipment training have seen a changein what the employers expect from an entry level employee over the last three or four years,the heavy equipment trainging needs to teach the students what the employers expect from their entry level employees,that can be accomplished in a miriad of different ways.

A private researce group known as The Conference Board says that the consumer confidence index went from 61.5 in March 2012 to 71.5 in April 2012. Their senior technical advisor said that after the first quarter of 2011 everyone was predicting a bouble dip recession to follow, then the DOW went fom 10,400 to over 12,300 and the unemployment number leveled off.The S and P 500 and the NASDAQ followed suit.

According to the Bureau of Statisrics the constructionemployment is at the highest level since the fourth quarter of 2008,the fourth quarter of 2008 was the lowest it had been since the recession of 1982,

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