Construction Unemployment Rate Flat As Industry Loses 22,000 Jobs in June
In a troubling sign for construction, the industry’s unemployment rate showed no improvement in June after three straight monthly declines as the industry lost 22,000 jobs during the month, the Bureau of Labor Statistics reported.
The bureau’s employment report for June, released on July 2, showed that construction’s jobless rate for the month was 20.1%, the same as May’s level, but worse than the June 2009’s 17.4%.