AGC: Construction employment declines in every metropolitan area over the past year
Construction employment fell in 276 of the nation's largest 299 metro areas from April 2008 to April 2009, according to a new analysis of government data conducted by the Associated General Contractors of America's chief economist Ken Simonson. The data highlights the critical need for the federal government to move quickly to invest stimulus funds without needless requirements that could hamper recovery efforts, he noted.
"Job loss figures like these are exactly what prompted Congress and the Administration to craft a stimulus package designed to get Americans back to work as quickly as possible," said Simonson. "Putting these funds to good use as quickly as possible is the best way to get Americans back to work and the economy back on track," according to a June 3 release from AGC of America.