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Construction Adds 28,000 Jobs in January, But Unemployment Increases to 16.1 Percent

2013-02-01 06:00:00| Industrial Newsroom - All News for Today

According to Feb 1 employment report by U.S. Department of Labor, construction industry unemployment rate shot up to 16.1% in January, despite addition of 28,000 jobs. Rate marks increase from 13.5% in December 2012, but decrease from 17.7% same time last year. Year over year, construction employment has risen by 102,000 jobs, or 1.8%. According to ABC Chief Economist Anirban Basu, winter months are notoriously seasonal and subject to construction employment fluctuation based on weather ...This story is related to the following:Trade Associations

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