Construction employment remained mired in a five-year slump as the industry shed another 9,000 jobs from May to June, according to an analysis of new federal employment data released today by AGC.
Association officials said that declines in public sector construction activity will negate any pickup in private sector demand unless Congress and states promptly and fully fund needed infrastructure spending and streamline the approval process for public projects.
Read the press release here.
The news also was covered by Steel Market Update and International Construction Magazine. Ken Simonson, AGC’s chief economist, participated in a live interview on FOX Business Network to discuss the current state of employment in the construction industry.
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