Ideal Taxes Association

Raymond Richman       -       Jesse Richman       -       Howard Richman

 Richmans' Trade and Taxes Blog



Construction Employment has first uptick since June 2007
Howard Richman, 5/9/2010

Construction employment has been declining ever since the house price bubble burst in 2006. The following graph shows the US Construction Employment statistics (on a seasonally-adjusted basis) from Friday's employment report:

ConEmpApr2010.gif

But the new construction jobs are not in private home building. In April, the number of employees involved in residential construction actually declined from 586,800 in March to 582,800 in April (seasonally adjusted). A friend of mine who is working in construction says that most of the new jobs are in the educational and medical sectors. He just finished building a new dorm for the University of Pittsburgh at Bradford.

Your Name:

Post a Comment:




  • Richmans' Blog    RSS
  • Buy Trading Away Our Future
  • Read Trading Away Our Future
  • Richmans' Commentaries
  • ITA Working Papers
  • ITA on Facebook
  • Contact Us

    Archive Feb 2012

    Jan 2012
    Dec 2011