Thursday, May 14, 2015

Construction Employment Still Lagging

According to data released last week by the Federal Bureau of Labor Statistics, unemployment in the nation’s construction industry continues to lag behind the U. S. economy in general, with national unemployment at 5.4%, while unemployment in the nationwide construction industry still stands at 7.5%. With skilled jobs in the construction trades representing one of the mainstays of middle class American prosperity, lagging unemployment in the construction industry is one of the significant economic factors holding back growth and progress for the American middle class.
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