A recent article from Associated Builders and Contractors (ABC) of Wisconsin highlighted the steady unemployment for construction workers throughout September. September is typically the month when unemployment numbers in the industry begin to creep up due to the change in seasons. But a combination of a warm autumn and a backlog of work is fueling steady demand for workers in the construction industry.
It is interesting to note that the numbers quoted by the ABC are not seasonally adjusted. You can find a quick refresher on the difference between adjusted and unadjusted numbers here. But, basically, this means the unemployment rate for construction workers in Wisconsin is even more impressive.
And while the official numbers have yet to be out for October or November, Plymouth Foam, an Altor Solutions company, can attest that construction-related orders have remained stronger than usual for both months. While residential construction is slowing down there is still a backlog of commercial construction created by the pandemic, meaning rising inflation is unlikely to affect construction workers in the state for some time.
Plymouth Foam, an Altor Solutions company, is glad to see our brothers (and sisters) in construction doing so well after the struggles of 2020. If your company has any questions on the building and construction market and production needs for EPS, please do not hesitate to contact us at sales@plymouthfoam.com.