According to data from the Associated Builders and Contractors (ABC), jobs in the construction industry are growing at a faster pace. ABC’s analysis of the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS) reported that job openings in construction increased by 14,000 last month and by 81,000 year over year. While an increase in jobs is a positive headline for the industry, ABC Chief Economist noted that the data is more nuanced. “Interpreting these data is often challenging,” said ABC Chief Economist Anirban Basu. “One could take…
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