Construction jobs drop in 276 out of 337 metro areas between July 2009 and 2010

Construction employment declined in 276 out of 337 metropolitan areas between July 2009 and July 2010, according to a new analysis of federal employment data released today [Aug. 31]by the Associated General Contractors of America. The employment figures demonstrate the widespread decline in demand for construction services that continues to outpace stimulus–funded work, association officials noted.

“There is no doubt that we have seen an increase in stimulus activity this summer,” said Ken Simonson, the association’s chief economist. “Unfortunately, that increase in stimulus activity is largely being overshadowed by continuing declines in overall demand for construction that are likely to persist well into next year,” according to an Aug. 31 AGC of America release.

Read full article