Dec. 14, 2005: Construction Industry Continues Solid Job Growth
WASHINGTON - "The construction industry again outpaced the overall economy in adding jobs in November," said Ken Simonson, chief economist for the Associated General Contractors of America (AGC), a national construction trade association representing over 11,000 specialty-contracting firms. "All segments of construction are sharing in the gains," said Simonson.
A report from the U. S. Department of Labor showed that the industry accounted for 37,000 new jobs out of 215,000 added nationwide. "Over the past year, employment in residential specialty trade contractors and heavy and civil engineering construction grew 6 percent, residential building construction employment grew 4 percent, and nonresidential specialty trades and building construction rose 3 percent and 2 percent, respectively."