AGC: Construction employment surges in October
Industry has lowest number of job seekers since February 2009
The construction industry’s overall unemployment fell to its lowest level in almost seven years as companies added 31,000 workers in October, the Associated General Contractors of America reported.
The industry’s unemployment rate is 6.2 percent – the lowest since February 2009, association officials said.
"The industry continues to recover while the hiring slowdowns it experienced during the summer were prompted more by labor shortages than they were any slump in demand," said Ken Simonson, the association's chief economist. "Construction firms appear to have had an easier time finding workers in October than they did during the summer."
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