Construction's March unemployment rate dropped by a full percentage point year-over-year and improved from February's level, but the industry also shed 15,000 positions during the month, the Dept. of Labor says.
The federal Bureau of Labor Statistics' latest monthly employment status report, released on April 6, showed that construction's jobless rate plunged to 7.4% in March from the year-earlier 8.4% and also declined from February's 7.8%.