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Construction Industry Adds 6,000 Jobs in June
AGC of America / July 3, 2014
Construction employers added 6,000 workers to payrolls in June as the industry’s unemployment rate dropped to 8.2 percent, its lowest June level in six years, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned, however, that recent employment gains could be undermined when the federal government begins scaling back transportation investments in August.
“The construction industry continues to expand gradually and unevenly,” said Ken Simonson, the association’s chief economist. “Despite recent job growth, construction employment is still more than 1.7 million jobs or 22 percent below its 2006 peak.”