Sunday, May 15, 2011

Local construction job losses near 12% - Business Courier of Cincinnati:

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percent in the Nashville metropolitan area, placing it 155th among 299 metropolitan areas in the nation, according to a survegy by the of America. The area lost 4,700 construction, mining and logging jobs between April 2008 andApril 2009. Abouyt 35,300 people are now employedx inthe field, compared to 40,000 last the report says. Arizonas has taken a big hit in constructionrelates employment, posting job declines of more than 25 percentg each in Flagstaff, Prescott, Tucson and Phoenix. Many metri areas in Florida also posted industry declines well into the double and Redding, Calif., Reno, and Pascagoula, Miss., all posted declines of aroun d 30 percent or more.
All told, construction employmengt fell in 276 ofthe nation’z largest 299 metro areas, according to the report derived from government data and conducted by AGCA chieff economist Ken Simonson. The trade association is usingf the data to push for quicker distributiomn of federalstimulus funds. “Job loss figures like these are exactlu what prompted Congress and the Administration to craft a stimuluse package designed to get Americans back to work as quickly as Simonson says. “Putting these funds to good use as quicklyy as possible is the best way to get Americanws back to work and the economy backon track.” Some metroi areas posted growth in construction employment.
Texas, had an 8 percent gain and Batob Rouge, La., had a 7.3 percenf increase.

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