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Construction industry loses 6K jobs after companies drained the skilled labor pool

December 16, 2016

The BLS revised July’s employment numbers down from a 14,000-job gain to only an 11,000-job gain. Between April and August, the construction industry lost 25,000 net jobs after adding 68,000 between January and March, according to the Associated Builders and Contractors.

The construction worker shortage continues to plague the majority of the industry, as 69% of firms surveyed in an AGC report released earlier this week said they are struggling to find hourly craft workers.

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