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At long last: Construction industry added jobs in March
By Caitlin Coakley The adding of 15,000 employees in the nation’s construction industry in March may mean the recession’s grip is loosening, or may be explained by the fact the weather improved. But drop in unemployment reported by the Associated General Contractors of America is a landmark unmatched in more than two years. From June 2007 through this February, the unemployment rate in the construction industry had not fallen in any month. The February unemployment rate was 27.1 percent. In March, that dropped to 24.9 percent.