Construction’s employment picture worsened in February, as the industry lost 61,000 jobs, its first monthly decline since last April, and its jobless rate rose, the Bureau of Labor Statistics has reported.
The latest monthly BLS employment report, released on March 5, showed that construction’s February jobless rate climbed to 9.6% from January’s 9.4%. The rate also was much higher than the February 2020 level of 5.5%.
On a year-over-year basis, total construction employment declined in February by 308,000 jobs, or 4%.
