Thirty-nine percent of contractors report that project owners have halted or canceled current construction projects amid deteriorating economic conditions, according to a survey released today by the Associated General Contractors of America.
Construction employment increased by 17,000 jobs in April and by 257,000 jobs over the past year while firms boosted pay to help recruit new workers, according to an analysis of new government data by the Associated General Contractors of America.
Strong demand for construction projects fueled job growth in Nov. in 38 states compared to Oct. and in all but six states over the past 12 months, according to analysis of Labor Department data released recently by the Associated General Contractors of America.