U.S. continues to lose construction jobs, AGC says

Construction jobs in the U.S. continue to shrink "at an alarming rate," according to the Associated General Contractors of America. A recent analysis found that construction employment declined in all but two states in August. "I don't expect much improvement in construction employment until stimulus money flows more broadly, the federal-aid highway program is renewed, and home building gains momentum," AGC Chief Economist Ken Simonson said.

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