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Construction industry adds 7,000 jobs in May

Posted By Amanda Bayhi On June 12, 2013 @ 3:12 pm In Aggbeat Online,News | No Comments

shutterstock_114098614 [1]The construction industry added 7,000 jobs in May to reach a total of more than 5.8 million industry employees, according to our sister site, Equipment World [2].

The figures come from recent U.S. Bureau of Labor Statistics data, which also showed that construction employment in May was the highest it’s been since August 2009.

Preliminary data showed a loss of 6,000 jobs in April, but a revision brought that figure down to 2,000, which could mean the industry a 5,000-job gain if May’s gains hold up.

In addition to the increase in jobs, the industry experienced a 13.2-percent fall in unemployment in May, bringing the unemployment rate to 10.8 percent–the lowest since September 2008.

The United States as a whole experienced an addition of 175,000 jobs in May and a 7.6-percent rise in the unemployment rate.

For more information about the May BLS data, read the full story at EquipmentWorld.com [2].

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[1] Image: http://www.aggman.com/files/2013/06/shutterstock_114098614.jpg

[2] according to our sister site, Equipment World: http://www.equipmentworld.com/construction-industry-adds-7k-jobs-in-may-unemployment-drops-to-lowest-rate-in-nearly-5-years/

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