Half-Million U.S. Construction Jobs Lost Since 2007

Austin Business Journal


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August 1, 2008

The continuing construction job crisis reached a loss of 522,000 jobs since the beginning of 2007, according to the U.S. Department of Labor's Bureau of Labor Statistics.

The Laborers' International Union of North America on Friday says the crisis "calls for an aggressive economic stimulus program focused on building America and creating jobs."

In the last month alone, the statistics show, 22,000 constructions jobs were lost.

"The American Society of Civil Engineers gives the basic infrastructure of the United States a near-failing grade due to years of neglect and estimates that $1.6 trillion is needed over the next five years to build America," the Laborers' International Union says.

http://www.bizjournals.com/austin/stories/2008/07/28/daily40.html

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