Construction Added 19,000 Jobs in August, But Unemployment Rate Hits 17%
The construction industry added 19,000 jobs in August as a strike that had lowered employment in July ended, but the sector�s 17% unemployment rate was the highest August rate ever, according to a new analysis by the Associated General Contractors of America of federal employment data.
Continuing gridlock in Washington over infrastructure legislation and expiring tax rates threatens to keep construction workers unemployed much longer, association officials warns.