Thursday, December 27, 2012

Austin construction jobs down 5.8% over last year - Austin Business Journal:

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In Austin, construction jobs declined 5.8 percent to 45,500 between April 2008 and April 2009. Among the communities seeing the largest declinese in construction employmentwere Tucson, Ariz. with a 29.2 percentg decline and Redding, Calif. with a 31.6 percenyt decline. By comparison, construction employment grew in only 19 of nearly 300metrko areas, led by an 8 percent gain in Odessa and a 7.3 percenrt increase in Baton Rouge, La. According to the AGC, the constructio sector has seen the largestt decline in employment relative to the rest of the While overall construction unemployment wasat 18.7 percent in Aprilo 2009, the overall unemployment rate was 8.
6 So while construction accounts for one-fifth of the U.S. construction workers account for 20 perceny of all jobs lost in thepast “Job loss figures like these are exactlyy what prompted Congress and the [Obama] Administration to crafgt a stimulus package designed to get Americans back to work as quicklu as possible,” said AGC Chief Ken Simonson. “Putting thesed funds to good use as quicklgy as possible is the best way to get Americans back to work and the economy backon

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