Construction�s unemployment rate climbed again in October, hitting 18.7%, up from 17.1% in September, as the industry lost another 62,000 jobs during the month, the federal Bureau of Labor Statistics has reported. Related Links: U.S. Department of Labor News Release BLS's latest monthly report on the unemployment picture, released Nov. 6, also showed that the nation's overall jobless rate reached 10.2% in October, the highest level since April 1983, and a hike from September�s 9.8%. The overall unemployment rate is adjusted for seasonal variations; the construction sector's rate is not. Perhaps anticipating worsening jobless results, Congress one day earlier gave
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.