Job growth in the construction industry and metro areas hit particularly hard by the housing collapse continues to outpace overall growth, but employment among young adults, a vital source of housing demand, hasn’t fared as well recently, according to recent jobs numbers.

Residential construction employment jumped by 13,100 month over month in April and 29,500 from three months before, said Trulia Chief Economist Jed Kolko, citing the latest jobs report from the U.S Department of Labor.

On an annual basis, the number of jobs in the industry increased 5 percent, well ahead of the national growth rate of 1.7 percent, the economist said.

The improvement in the sector might seem to conflict with a recent report released by the U.S. Census Bureau showing that housing starts declined by 6 percent year over in March. But that’s because the residential construction job numbers reflect the number of homes currently under construction, which are actually up 21 percent year over year, Kolko said.

Recent jobs growth in markets pummeled by the housing crisis provides another positive sign for housing, Kolko said.

Employment in those metros increased by 2.2 percent year over year in March, outpacing overall job growth during the same period. Las Vegas  (3.6 percent), Fort Lauderdale, Florida (3.3 percent), Orlando (3.1 percent) and Miami (3.1 percent) posted the strongest gains. Detroit, however, continued to shed jobs (-0.9 percent). Metro jobs data is released about a month after national jobs data, so the most recent metro jobs numbers are for March, not April.

Not all recent employment data has boded well for the housing market. The jobs picture for young adults, who are a key source of demand for housing, was somewhat bleak in April.

Kolko noted that employment among 25- to 34-year-olds dropped to 75.5 percent after three months at 75.9 to 76 percent. Before the housing bubble, the group’s employment rate hovered in the range of 78 to 80 percent, Kolko said.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription