Overview
- IERIC's latest Informe de Coyuntura reports 352,511 registered construction jobs nationwide, a level 11.5% below the 2011–present average of 398,380 workers.
- The report shows a 1.1% month‑over‑month drop, equal to roughly 4,000 fewer formal jobs compared with the previous month.
- Industry analysts and construction firms describe the situation as a critical labor moment for the sector because employment sits far below typical seasonal norms.
- IERIC's early activity indicators and private‑sector expectations point to a modest upward correction in coming reports, though the outlook remains tentative.
- If the trend continues, lower formal employment could squeeze incomes for registered workers and push more firms to tighten payrolls or delay projects, increasing strain on small contractors and suppliers.