Construction’s workforce plunged by 975,000 in April—the steepest drop since at least the late 1930s—and the industry’s jobless rate soared to 16.6%, quantifying the first full month’s impact of the coronavirus pandemic.
The Bureau of Labor Statistics’ latest monthly U.S. employment report, released on May 8, painted a grim picture, showing that construction’s total workforce fell in April by 13% from the March level.
