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Higher borrowing costs, increasing market pessimism and growing recession risks are combining to slow industry hiring, says ABC economist.

Pick is former construction union and Minnesota state official who is also the division's current acting administrator.

Industry employers remain wary of overly complicated new rules to protect workers, in comments on the proposed regulation.

There are solutions that employers can try that may make the transition easier.

Despite growing fear of a recession on the horizon, contractors continue to offer highly competitive compensation packages, approaching levels not seen in the industry in nearly two decades.

Specialty trade contractors added the biggest boost to construction jobs in the month of June, with 11,800 new positions overall.

The $1.5-billion Bulfinch Crossing project plans to restart demolition of 1960s Government Center garage on July 11.