9
• Net hiring increased 1% compared to Q3 and
Q4 of 2021; it increased 1% compared to Q4
of last year.
• Hiring for specialty contractors increased 2.3%
compared to Q3 and Q4 of 2021; it increased
4% compared to Q4 of last year.
• Hiring for general contractors decreased 0.5%
compared to Q3 and Q4 of 2021; it decreased
0.5% compared to Q4 of last year.
• Heavy highway and civil contractor hiring
decreased 0.6% compared to Q3 and Q4 of 2021;
it decreased 1.4% compared to Q4 last year.
• Regionally:
› Southeast increased 3% compared
to Q3 and Q4 in 2021; it increased
2.8% as compared to Q4 of last year.
› Midwest increased 1.35% compared
to Q3 and Q4 in 2021; it increased
1.3% as compared to Q4 of last year.
› Pacific West increased 0.7%
compared to Q3 and Q4 in 2021;
it increased 1% as compared to
Q4 of last year.
› Northeast decreased 0.1% as
compared to Q3 and Q4 in 2021;
it decreased 0.6% as compared
to Q4 of last year.
› Plains hiring decreased 3% compared
to Q3 and Q4 in 2021; it decreased
3% as compared to Q4 of last year.
Potential Impact
While most of the hiring gains
are not large increases, they still
represent a bright spot for the
industry as it's been struggling
to find and retain labor. The lack
of any large gains is likely because
of the declines seen in projects and
contract values, but the fact that
contractors continue to hire at all
should be taken as a positive sign.
Interestingly, the hiring stats were
fairly even across verticals and
regions, suggesting that no one
hired more or less than the other
and that challenges remain
ubiquitous across the country.
Hiring
Trends
Construction Metric Index
Construction Activity Index - Q3 & Q4 2022 ©Trimble Viewpoint, Inc. All Rights Reserved.
