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.
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.