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January 7, 2019

Construction jobs, pay outpace overall economy

Construction employment rose by 38,000 jobs in December and by 280,000 jobs — or 4 percent — over the past year, while average pay accelerated and unemployment fell to a historic low, according to the Associated General Contractors of America.

“Demand for construction remains strong across most project types and locations,” said Ken Simonson, AGC chief economist, in a news release. “Job growth and pay increases in construction are outpacing those in the overall economy. But contractors continue to have difficulty finding qualified workers, with the number of unemployed workers who have construction experience at the lowest December level in 19 years.”

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