Locator: 51667CONSTRUCTION.
Query: Most recent jobs report; was great jump in construction sector?
Reply:
"Nonresidential" = LDCs.
Link here to x.
Or go direct to The WSJ, link here.
From the linked article:
President Trump has drawn condemnation for suggesting that communities that block data centers will end up “backwards and poor.” His remark was hyperbolic, but he’s right that areas embracing data centers are enjoying more jobs and faster wage growth.
The Bureau of Labor Statistics last week published industry-level data on state and county employment and wages through March of this year. We compared growth in Loudoun County, Va.—known as Data Center Alley—with other Washington, D.C., suburbs since early 2020 before the pandemic. The disparities are striking.
Loudoun has long been a hub for data-center development because of its easy zoning, relatively low-cost energy and geographical proximity to telecom network exchanges. It’s an exurban county with more land for growth than older suburbs closer to D.C. But it has also embraced growth, unlike those older suburbs. Construction growth has accelerated amid the AI boom, with permitted data-center space increasing by some 150% between 2020 and 2025. Jobs have followed.
Most counties surrounding the capital have experienced little job growth since the pandemic. Loudoun is the exception, with employment surging 17.4% since early 2020. Jobs increased by 1% or less in Fairfax County, Va., and Prince George’s County, Md. Virginia’s Arlington County (-7.3%) and Maryland’s Montgomery County shed jobs (-5.6%).
Construction jobs increased 63% in Loudoun, far more than in Fairfax (6.3%), Arlington (8.2%), Prince George’s (8.3%), and Montgomery (a 12.8% decline). Job growth from data-center construction also appears to be having positive spillover labor effects in other industries.
Employment in leisure and hospitality increased 6.8% in Loudoun while declining in other D.C. suburbs since early 2020. Average weekly wage growth for leisure and hospitality workers in Loudoun over this period (69%) was double that in Fairfax (26%), Arlington (29%), Montgomery (31%) and Prince George’s (27%).
Yesterday, Steve Liesman, et al, were unable to explain the jump in new jobs month/month. LOL. Link here. Job growth, month-over-month, accelerated 3x expected.
Data centers can help to spread prosperity without government intervention and income redistribution. Could that be the real reason America’s political class is turning against them?
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Chatbots -- Continuing The Thread
