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17 Jun
19:42

US construction labour trend maintains positive trajectory: economist

The US construction industry added 21,000 jobs in May, according to an Associated Builders and Contractors (ABC) analysis of US Bureau of Labor Statistics data obtained by Kallanish. The construction industry has gained 251,000 jobs year-on-year for an increase of 3.1%. The US construction unemployment rate fell to 3.9% in May. Whilst employment trends in the construction industry are supportive, interest rates have been persistently high and the November electi…
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