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Construction Unemployment Rate Improves, But Job Losses Still Cut Deeply

Publication Date: 04-SEP-09
Author: Tom Ichniowski
Format: HTML

    
Description:
Construction's unemployment rate declined in August to 16.5%-- the industry's lowest jobless rate in eight months--the Bureau of Labor Statistics reported. Construction's August rate was an improvement over the 18.2% reported for July, but it was more than double the August 2008 rate of 8.2%.
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