Construction industry loses another 20,000 jobs

11/4/2011 | Wall Street Journal, The · Bloomberg

Although 80,000 U.S. jobs were created in October, bringing the unemployment rate down to 9%, the construction sector lost another 20,000 positions. Meanwhile, on Wednesday, Federal Reserve Chairman Ben Bernanke said he expected the unemployment rate to drop only slightly -- to about 8.6% -- by the end of next year.

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Wall Street Journal, The · Bloomberg

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