Construction Industry Employment Rate Continues to Rise

The construction industry unemployment rate is now at 18.8%, double than that of the national average. According to the Associated General Contractors of America, a new analysis of federal employment data documents 2.1 million jobs lost since the sector peaked in August 2006. Despite the bleak outlook, heavy and civil engineering construction has seen an increase in employment due to the federal stimulus package’s initiative to fund programs for military bases and Gulf Coast hurricane-prevention projects…Read More