Construction’s unemployment rate climbed in November to 12.2% from October’s 11.4%, as the industry lost 20,000 jobs last month, the Bureau of Labor Statistics reported.
On the other hand, the latest BLS monthly employment statistics, released on Dec. 7, also showed that construction’s jobless rate last month improved over the November 2012 mark of 13.1%. The BLS rates are not adjusted for seasonal variations, which can be significant in the construction industry.