|Source: Bureau of Labor and Statistics|
For the first time since 2006, residential construction rose. Employment in residential construction rose 46,000 jobs in 2011, and currently stands at 2.18 million jobs lower than its peak in 2006. According to Calculated Risk, construction employment is still “mostly moving sideways, but at least it was not a drag on employment and GDP in 2011.”
Read the full report at calcualtedriskblog.com by clicking here.
National Public Radio also provided good news about construction employment in a report they aired on January 6.