Construction’s unemployment rate continued to fall in May, reaching its lowest monthly level in 19 years, but the industry posted a less-than-robust gain of 4,000 jobs during the month, the federal Bureau of Labor Statistics has reported.
The bureau’s latest monthly report n the U.S employment picture, released on June 7, shows that construction’s jobless rate declined to 3.2% in May from April’s 4.7%. It is the lowest mark since the current BLS data series began in 2000, the Associated General Contractors of America noted. Last month's rate also improved from the May 2018 level of 4.4%.