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Construction Jobs Drop Despite Stimulus

Friday, July 17, 2009

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The Associated General Contractors of America has stated that the unemployment rate for construction workers has reached 17.4%. In June alone, employment declined by 79,000 jobs, and 992,000 jobs have been lost in the past 12 months. Stephen Sandherr, CEO of the association, stated that the stimulus has helped to slow the decline, but the construction industry has difficult months ahead.

   

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