"Construction is peeling off jobs at an alarming rate," said David Rosenberg, chief economist at Gluskin Sheff & Associates Inc. in Toronto talking on Bloomberg Radio this morning.
According to this morning's Department of Labor report, construction job losses were concentrated in nonresidential building (-10,000) and among nonresidential specialty trade contractors (-35,000). Since December of 2007, employment in construction has fallen by 1.9 million.
Where are the construction jobs? Haiti and Chile!!
Good thing you found this web site.
Mike
Friday, March 5, 2010
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