Construction Jobs

US – Nine years after the bust began, construction employment has made up only about a third of its losses

The labor market for construction workers suffered a massive shock in the wake of the housing bust, as demand for new homes dried up and firms rapidly shed workers. Employment in the construction sector fell nearly 25 percent from more than 11-1/2 million in 2006 to about 9 million in 2010. Even though the construction … Continue reading →