News

64,000 Construction Workers Laid Off in September

The national unemployment rate for the construction industry rose to 17.1 percent as another 64,000 construction workers lost their jobs in September, according to AGC's analysis of new employment data released Friday. With 80 percent of layoffs occurring in nonresidential construction, Ken Simonson, AGC's chief economist, said the decline in nonresidential construction has eclipsed housing's problems. Read AGC's press release here.  This information was included in Investors Business Daily, Forbes and ENR. For more information, contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.