Outlook For Construction Workers Improves With Passage of Stimulus Legislation
CEO Stephen Sandherr said the nearly one million construction workers who have lost their jobs across the country have a renewed chance of success with the passage of Senate stimulus legislation.
“The construction investments in this legislation will help save or create hundreds of thousands of jobs and give tens of thousands of companies an opportunity to survive these tough economic conditions while building a strong foundation for future economic growth,” Sandherr said. “There is still more work to be done, however. Over the coming days the 33,000 member companies of the Associated General Contractors of America and their employees will be working with the members of Congress and the Administration to ensure restoration of $24 billion in needed school and construction spending cut from the Senate version of the legislation.”
Sandherr said analysis shows that without these funds the total number of jobs that would be created or saved by this bill will decline by over 340,000. “Countless children and thousands of laid off workers are counting on Congress to restore this funding before final passage of this essential economic legislation,” Sandherr said.