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Tag Archives: Construction Industry

Unemployment in Construction on the Rise

The Associated General Contractors issued the following news release: The national unemployment rate for the construction industry rose to 17.1 percent as another 64,000 construction workers lost their jobs in September, according to an analysis of new employment data released today. With 80 percent of layoffs occurring in nonresidential construction, Ken Simonson, chief economist for the [...]
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The Economic Downturn is Good for the Rental Industry

In today’s recessed economic climate, there is reason for optimism within the rental industry. Many Federal, Sate and Municipal governments are looking to spend on much needed infrastructure and utility projects through-out North America and around the world. Although, some would say this also bodes well for the construction industry, and they are correct. With [...]
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