The Real Signal #83 - Construction Employment Down Historical 60%
Plus articles on wage levels, regulatory inflation, real estate advisory offer.
Construction Employment Down Nearly 60%
Construction employment showing the largest downtrend in the last ten years, down nearly 60% in the last jobs report.
Our assessment is that multifamily development volumes are driving this employment trend, as volumes have fallen nearly 50%. We can expect further erosion of both multifamily starts and construction …
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