Construction posted upbeat employment results in March as its jobless rate dropped to 5.2% from February’s 6.2% and was a striking improvement from the year-earlier level of 7.4%, the federal Bureau of Labor Statistics has reported.
The latest monthly BLS report on the U.S. employment picture, released on April 5, also showed that construction gained 16,000 jobs in March, recouping nearly two-thirds of the 25,000 positions the industry lost in February, according to the bureau’s revised figures.