Construction unemployment improves in 35 states

AZBEX

Courtesy of Associated Builders and Contractors

The not seasonally adjusted national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S. Bureau of Labor Statistics reported.

Unemployment rates were also down in 35 states on a year-over-year basis, according to an analysis today by Associated Builders and Contractors. Rates rose in nine states and were unchanged in six. Further, the construction industry employed 206,000 more workers than in August 2016.

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