Source: Associated Builders & Contractors, Washington, D.C.
An Associated Builders and Contractors analysis of new U.S. Bureau of Labor Statistics data indicates construction employment increased 280,000 in 2018, a 4.0 percent gain over the prior-year level. The analysis also showed industry unemployment rising to 5.1 percent during December, due to a meaningful increase in labor force participation, yet remained 0.8 percent lower than at the same time in 2017.
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