Construction's December Job Declines of 11K Workers Portend Slow Start to 2026
AI Article Summary
The construction industry experienced a decline of 11,000 jobs in December, marking 2025 as a weak year for hiring within the sector. This downturn indicates a potentially slow start for construction activities in 2026.
What This Means for Canadian Contractors
For Canadian builders, this decline could lead to delays in project timelines and increase competition for available skilled labor. It may also impact the industry's capacity to take on new projects, affecting planning and execution of permits and funding. As a result, investors and stakeholders may closely watch labor market trends to adjust their strategies accordingly.