The construction industry lost 20,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics.
Construction industry employment remained unchanged in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last year, the industry has added 917,000 jobs, recovering 82.4% of the jobs lost during the first months of the COVID-19 pandemic.
Construction employment has rebounded since plummeting in March and April, and the industry’s unemployment rate stands at 6.8% as of October, just below the 6.9% percent rate observed across all industries.
The guide will assist contractors meet their legal requirements and responsibilities for equal employment opportunity by preventing violations before they occur.
Many business experts from various academic and professional fields have stated that the competitive battle of the future will be for employees, not customers.
