Friday, 15 May 2020

TRD Insights: Construction industry bleeds almost 1 million jobs in April

The U.S. construction industry hemorrhaged nearly a million jobs in April, according to a survey from the Associated General Contractors of America and data from construction technology firm Procore. The AGC survey found that more than half of contractors have furloughed or terminated employees since March. The chief reason was owners or developers halting underway projects. Sixty-three percent of contractors stopped work at projects that were underway in April or May. Those who halted projects



source https://therealdeal.com/2020/05/15/trd-insights-construction-industry-bleeds-almost-1-million-jobs-in-april/

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