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Construction Employment Strengthening, Trade Associations Report
Mon, September 22, 2014
OH&S: September 15, 2014
Employment in the U.S. construction industry rose by 20,000 jobs in August 2014 to a five-year high, with sector unemployment falling to 7.7 percent, which was the lowest rate for August in seven years, according to an analysis by the Associated General Contractors of America. AGC officials said Sept. 5 that their surveys indicate many contractors are having trouble finding enough qualified workers.
“Construction employment growth has been accelerating and is broad-based,” said Ken Simonson, AGC’s chief economist. “The increase in the past 12 months was the largest since 2006 and was spread among residential, nonresidential building, and heavy construction.”
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