While 40 states saw year-over-year construction unemployment rates go down in June, Louisiana reported one of the highest rates in the country, according to data released today by Associated Builders and Contractors.
Louisiana—with an estimated 6.2% not seasonally adjusted unemployment rate in June—fell nine spots from its May ranking, tying with Connecticut for the fifth-highest unemployment rate in the U.S. The two states are behind only Missouri (6.4%), New Mexico (7.3%), Kentucky (8.4%) and Mississippi (8.6%).
Louisiana’s June ranking also marks a 0.3% year-over-year increase in construction unemployment. The state was one of only 10 to see its rates go up.
“These numbers show that Louisiana’s construction industry isn’t participating to its full potential in the economic resurgence that much of the country is experiencing, which is unfortunate,” says David Helveston, president and CEO of ABC Pelican, in an emailed statement. “There are a number of large projects planned in our area, so we’re optimistic because construction and industrial services are two pillars of Louisiana’s economy.”
Still, for the second consecutive month, all 50 states posted rates of less than 10%. States reporting the lowest construction unemployment rates include Vermont (1%), South Dakota (1.1%), North Dakota (1.5%), Maine (1.6%) and Idaho (2%).
Nationally, the construction industry employed 200,000 more workers compared to June 2018, according to data from the U.S. Bureau of Labor Statistics, dropping the June 2019 national NSA construction unemployment rate from 4.7% to 4%.