Construction unemployment surges to 18.7 percent

Associated General Contractors of America
November 6, 2009
COMMERCIAL, RETAIL, FABRICATION

While the extension of the home buyers' tax credit and expansion of carryback of net operation losses will provide some help for the 1.6 million construction workers who lost their jobs since December 2007, AGC today called for additional measures to stimulate construction demand as new federal figures showed another 62,000 construction workers lost their jobs in October, according to a Nov. 6 AGC of America release.

Read full article