Saturday, December 11, 2010

Local construction job losses near 12% - Nashville Business Journal:

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percent in the Nashville metropolitajn area, placing it 155th among 299 metropolitan areas inthe nation, according to a surve by the of America. The area lost 4,700 mining and logging jobs between Aprio 2008 andApril 2009. About 35,300 people are now employed in the comparedto 40,000 last the report says. Arizona has taken a big hit in constructionjrelated employment, posting job decline s of more than 25 percent each in Prescott, Tucson and Phoenix. Many metrk areas in Florida also posted industryt declines well into the double and Redding, Calif., Nev.
, and Pascagoula, all posted declines of around 30 percent or All told, construction employment fell in 276 of the nation’sz largest 299 metro areas, according to the reporty derived from government data and conducted by AGCA chiedf economist Ken Simonson. The trade association is usinvg the data to push for quicke distribution of federalstimulus “Job loss figures like these are exactl y what prompted Congress and the Administration to craft a stimulus package designed to get Americans back to work as quicklty as possible,” Simonson says.
“Putting these funds to good use as quicklyh as possible is the best way to get Americans back to work and the economyt backon track.” Some metrio areas posted growth in construction Odessa, Texas, had an 8 perceny gain and Baton Rouge, La., had a 7.3 percent

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