nonresidential construction Archives

Construction Industry Loses 7,000 Jobs In March

construction industry

The construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to the April 6 Department of Labor employment report. Year over year, construction industry unemployment is down compared to the March 2011 rate of 20 percent. The construction industry added 55,000 jobs over the… Read More →

Construction Spending Up 0.7%, Driven By Surge In Power, Public Projects

Real Estate/Construction in Arizona
by in Economy | Real Estate

Total construction spending increased by 0.7 percent in October, driven largely by growing demand for power projects and public construction, the Associated General Contractors of America noted today in an analysis of new Census Bureau data. The new data, however, indicated continued weakness in many construction categories, including private nonresidential and single family construction, association… Read More →

National Construction Employment Near 14-Year Low

Construction at an All Time Low
by in Economy | Finance | Real Estate | Workforce

The number of people working in construction is approaching a 14-year low now that the industry lost 21,000 jobs in September, while construction unemployment is at a September high of 17.2 percent, according to an analysis of federal employment figures released today by the Associated General Contractors of America. The construction industry continues to suffer… Read More →