
Construction Jobs Increase for
the September, Unemployment Rates Rise
Ocotber 9, 2012
A total of 5,000 construction jobs were added nationwide in September
resulting in 5.523 million employed for the month, an improvement
from the 5.518 million employed in August, according to data released
by the Associated General Contractors of America. Despite Septembers
employment gain, the month recorded an unemployment rate of 11.9
percent and was 5,000 lower than a year ago in September 2011. Construction
employers have hired 2.2 million fewer people than it did six years
ago.
"Despite the slight uptick in construction employment for the
past month, the industry is a bit smaller than it was one year ago,"
says Stephen E. Sandherr, the association's CEO. "It appears
that for every rebounding market segment, there is another one that
is shrinking."
Both sectors of construction saw an increase in new hires during
September. Residential building contractors added 1,100 jobs in
September and have gained 3,200 for the year. The residential sector
also increased by adding 2,300 jobs in September and 19,700 for
the year.
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