subscribe to ENR magazine subscribe
contact us
advertise
careers industry jobs
events events
FAQ
Dodge Data & Analytics
ENR Logo
SUBSCRIBE TODAY
& receive immediate web access
comment

Unemployment at 20.7%

Text size: A A
----- Advertising -----

Construction’s December unemployment rate rose to 20.7% from November’s 18.8%, according to the U.S. Bureau of Labor Statistics. Construction’s unemployment rate averaged 20.6% for all 2010, which was above 2009’s 19.0% rate and 2008’s 10.6% rate. A worrisome sign is that the industry lost a further 16,000 jobs in December. That measurement is seasonally adjusted; therefore, the downturn, with nearly all construction sectors showing job losses for the month, cannot be attributed to the industry’s usual fall and winter slowdown. Economists worry about the employment impact of the waning federal construction funding from the 2009 stimulus act, which is credited with preserving or creating hundreds of thousands of construction jobs.

 

----- Advertising -----
  Blogs: ENR Staff   Blogs: Other Voices  
Critical Path: ENR's editors and bloggers deliver their insights, opinions, cool-headed analysis and hot-headed rantings
Project Leads/Pulse

Gives readers a glimpse of who is planning and constructing some of the largest projects throughout the U.S. Much information for pulse is derived from McGraw-Hill Construction Dodge.

For more information on a project in Pulse that has a DR#, or for general information on Dodge products and services, please visit our Website at www.dodge.construction.com.

Information is provided on construction projects in following stages in each issue of ENR: Planning, Contracts/Bids/Proposals and Bid/Proposal Dates.

View all Project Leads/Pulse »

 Reader Comments:

Sign in to Comment

To write a comment about this story, please sign in. If this is your first time commenting on this site, you will be required to fill out a brief registration form. Your public username will be the beginning of the email address that you enter into the form (everything before the @ symbol). Other than that, none of the information that you enter will be publically displayed.

We welcome comments from all points of view. Off-topic or abusive comments, however, will be removed at the editors’ discretion.