Construction Labor Market Remains Strong, Sees Reduced Turnover
Pro Builder
NOVEMBER 11, 2020
Now, the September layoff rate floats at 1.4%, the lowest rate in the entire data series, which began tracking numbers in 2001. Home building and remodeling are relative bright spots for the overall economy, while nonresidential construction will experience greater headwinds. . rate, with 229,000 open positions in construction.
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