Current Job Conditions Leave Construction Execs Cautiously Optimistic

“Fragmented and fragile” is how Ken Simonson, chief economist for the Associated General Contractors of America, describes today’s recovery of construction jobs. He tells that when analyzing June’s job figures, the numbers are unsettling. “Job gains and losses were quite different last month from the patterns in the past several years as some lagging states—notably Nevada—added workers, while former high-flyers, such as Texas, had layoffs.” Simonson notes that residential and warehouse construction are among the two most active sectors.

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