Louisiana loses 1,800 construction jobs in March
Momentum in construction job growth across the United States stalled in March, says the Associated General Contractors of America in a new report out today, with 36 states experiencing job losses in the industry between February and March. Louisiana was among them, with a 1.5% drop in construction employment, or 1,800 jobs. The industry accounted for roughly 121,200 jobs in Louisiana in March, down from 123,000 in February and from 122,700 in March 2011. The year-over-year losses ranked Louisiana 34th in the nation for construction employment, according to AGCA, which analyzes data from the Labor Department to compile its monthly rankings. Nationwide, only 24 states and the District of Columbia added construction jobs between March 2011 and 2012; 24 other states lost jobs and two were unchanged. "The March figures may simply reflect a bit of a correction after last year's harsh winter and this year's mild winter impacted typical March hiring patterns," says Ken Simonson, the association's chief economist, in a news release. "But the industry is still burdened in many states by weak demand for single-family housing, retail, office and public construction." North Dakota had the most job growth in the industry, at 15.9%, while Alabama shed the highest percentage of jobs, off 10.1%. You can see the complete rankings by state
here. A report out this morning by the Labor Department says Louisiana's overall unemployment rate rose to 7.1% in March, up from 7% in February and 6.9% in January.
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