Construction employment declined by 16,000 in December but the industry unemployment rate fell to 11.4 percent, according to an analysis of new government data by the Associated General Contractors of America.   Association officials noted that the new employment data was likely impacted by cold weather, but also reflects underlying weakness in the construction sector. “Given the variability of weather, especially in winter, the downturn in December is not cause for alarm,” said Ken Simonson, the association’s chief economist. “The data does show how uneven the recovery remains with residential construction doing very well, but the public sector remains weak … Read more

Construction firms added jobs in 39 states over the past 12 months, while employment nearly stabilized in the remainder, according to an analysis released today by the Associated General Contractors of America of Labor Department data. Association officials cautioned that the industry's recovery was still relatively fragile, noting that a number of states experiencing large annual gains lost jobs during the past month. “The widespread job gains seen in most states for the past few months continued in November, while no state recorded a year-over-year loss of more than 4 percent,” said Ken Simonson, the association's chief economist. “But progress … Read more