AI Boom Fuels US Construction Job Growth, Adding 22,000 Jobs in July
Despite a cooling overall US job market, the artificial intelligence (AI) boom is driving employment growth in the construction sector. US construction firms added 22,000 jobs in July, with nonresidential and infrastructure construction contributing 126,000 jobs over the past year. This trend reflects a shift in AI investment towards physical infrastructure like data centers, factories, and power grids, rather than solely software development. RSM chief economist Joe Brusuelas noted that AI infrastructure investment is projected to reach $4.5 trillion to $5 trillion over the next five years, supporting demand for construction and goods-producing workers.
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