Despite recent reports and surveys indicating construction demand has not suffered, employment in this industry decreased by 3000 jobs between November and December, according to an analysis by the Associated General Contractors of America (AGC).
The Associated General Contractors (AGC) of America released survey results stating 71 percent of construction firms plan to expand their headcount this year. The survey indicates contractors foresee a positive year.
Analysis by the Associated General Contractors of America (AGC) found unemployment levels in the construction industry in August were at the lowest they have been since 2001. In August, employment totaled 6,388,000—the highest it has been since February 2009—and the number of unemployed construction workers totaled 525,000.