Half of All Metro Areas Lost Construction Jobs in Past Year
Construction employment declined in 146 out of 337 metropolitan areas between November 2010 and November 2011, increased in 131 and stayed level in 60, according to a new analysis of federal employment data recently released by the Associated General Contractors of America.
Association officials noted that construction employment is likely to continue declining in many areas because of a planned 6.2% cut in federal investments in construction and infrastructure for the 2012 fiscal year.