State’s construction job losses among worst in country

By Geert De Lombaerde Posted on October 22, 2009 at 10:08 am

Tennessee is 48th on an Associated General Contractors list that tallies the number of construction jobs lost in the 12 months to September. Only the hard hat job markets in Michigan, Arizona and Nevada fared worse.

“These figures should serve as a sobering reminder that public investments alone are not going to turn around a trillion dollar construction industry,” said Stephen E. Sandherr, the association’s chief executive officer. “The three most important issues in Washington ought to be jobs, jobs and jobs, which is why we need pro-growth measures like those we outlined in our blueprint for recovery.”

SEE ALSO: Our recent print story on the possibility of a construction labor shortage

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Tags: Associated General Contractors of America, commercial real estate, construction, employment, housing market, job loss, residential real estate