After a year of modest growth in the labor market, construction firms are exercising caution on new hiring and expansion.
The U.S. labor market remains fundamentally tight through Q4 2025, though hiring momentum has slowed relative to earlier in the year. Construction unemployment rose modestly toward 5.0%, a sign that contractions in residential projects and broader economic softness are weighing on new hiring even as nonresidential employment shows pockets of strength.
Take a deeper look at the key trends that shaped the end of 2025 in our full Construction and Skilled Labor Report.
PeopleReady Skilled Trades is a specialized division of PeopleReady, a TrueBlue company (NYSE: TBI). Since 1987, we have connected tradespeople and work across a wide range of trades, including carpentry, electrical, plumbing, welding, solar installations and more. Whether you need a single tradesperson or require a coordinated effort to dispatch skilled workers across multiple projects, we ensure you have the right people with the right tools, on-site and on time.
