Dive Summary:

• March's jobs report brought the average monthly construction job gain during the first quarter to 30,000, the largest increase for the sector in seven years.
• Residential construction jobs grew at a rate of 3.8% year over year in March, and half of the 317,000 construction jobs added to the economy during the last two years occurred in the last six months.
• The number of jobs is expected to rise with home construction (which was up 28% year over year in February) but will likely gradually decline to pre-housing bubble levels.

From the article:

... "The solid increase in construction employment in March, which brought the average monthly gain during the first quarter to 30,000 jobs, the biggest in seven years, supports the view that the housing recovery will continue to march on despite headwinds from fiscal drags," said Fannie Mae Chief Economist Doug Duncan in a statement. ...