3/11/2010

Construction employment declined nationwide in January, with 38 states and Washington, D.C., suffering double-digit percentage drops, according to the Associated General Contractors of America. "Construction employment is dropping everywhere and plummeting almost everywhere," said Ken Simonson, the AGC's chief economist. "Looking at this data, it is quite clear that the construction industry has yet to hit bottom." California reported the steepest losses: 128,700 construction jobs evaporated over the past year.

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