The construction industry’s unemployment rate continues to improve, dropping to 9.1% in July from June’s 9.8%, but the industry also shed 6,000 jobs as losses in the nonresidential sector outpaced residential-segment gains.
The Bureau of Labor Statistics’ latest monthly employment report, released on Aug. 2, also showed that construction’s July jobless rate was down markedly from the July 2012 level of 12.3%.