Construction Employment Near 14-year Low

The number of people working in construction is approaching a 14-year low now that the industry lost 21,000 jobs in September, while construction unemployment is at a September high of 17.2 percent, according to an analysis of federal employment figures released today by AGC. The construction industry continues to suffer from declining investments in construction and broad uncertainty about the future of many federal infrastructure programs and tax rates, association officials noted. Read the press release here. The news was covered by the Central Valley Business Times, Engineering News-Record and KGO-TV in Santa Clara, Calif., among others. For more information, contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.