Construction Unemployment Rate Hits 27.1 Percent

The construction unemployment rate jumped to 27.1 percent and construction employment dropped to a 14-year low as another 64,000 construction workers lost jobs in February, according to federal employment figures released Friday.  AGC found that the economy would have added jobs for the third time in four months had it not been for declines in construction employment. Read AGC's press release here. The news was covered in the Christian Science Monitor, LA Times, Orange County Register, Miami Herald, Chicago Sun Times and the Kansas City Business Journal, among others. For more information, contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.