Construction shed 7,000 jobs in June—the industry’s third-straight monthly decline—as falloffs in some nonresidential sectors outpaced gains in other segments, the Bureau of Labor Statistics has reported.
The bureau’s latest report on the nation’s employment situation, released July 2, also shows that the industry’s June unemployment rate rose to 7.5% from May’s 6.7%. But the rate improved significantly from the year-earlier level of 10.1%.
