Construction Unemployment Hits 9.1 Percent, Lowest July Mark Since 2008
The unemployment rate for construction workers fell to the lowest July level
in five years last month, even though employment has stagnated in the past four
months, according to an analysis of new government data by AGC of America.
Association officials urged Washington leaders to act on stalled infrastructure
funding measures to help jump start construction hiring.
“Although the unemployment rate for experienced construction workers came down to 9.1 percent in July, many of those workers have left the industry for other jobs, school or training programs, or retirement,” said Ken Simonson, the association’s chief economist. “While the industry has added workers in the past year, employment growth has been negligible recently.”
Read the press release here.
“Although the unemployment rate for experienced construction workers came down to 9.1 percent in July, many of those workers have left the industry for other jobs, school or training programs, or retirement,” said Ken Simonson, the association’s chief economist. “While the industry has added workers in the past year, employment growth has been negligible recently.”
Read the press release here.
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