AGC economist cautious as construction employment hits six-year high
- Published: Tuesday, 10 June 2014 13:36
- Written by Concrete News
Source: Associated General Contractors of America, Washington, D.C.
Construction employers added 6,000 workers last month as the industryʼs unemployment rate dropped to 8.6 percent, its lowest May level in six years, according to an AGC analysis of new government data. Tempering its response, the group notes that employment gains remain spotty and thousands of highway construction jobs are at risk due to federal funding uncertainties.