As colder weather arrived in much of the U.S., construction’s December unemployment rate rose to 7.4% from November’s 5.7% but still was an improvement over the year-earlier 7.5%, the Labor Dept. has reported.
The federal Bureau of Labor Statistics’ latest monthly employment report, released on Jan. 6, also showed that construction lost 3,000 jobs in December, compared with November, but gained 102,000 year over year.