Lead economist tracks pandemic’s waning effects on construction

An Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics indicates that the construction industry added 110,000 jobs in March, bringing to 931,000 the number gained since April 2020, or nearly 84 percent of those jobs lost during the early stages of the Covid-19 pandemic. The construction unemployment rate fell to 8.6 percent this March from 9.6 percent the prior month, but it is still 1.7 percentage points higher than a year ago. 

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