Saturday, December 6, 2008

Thinking About a Job in Construction

If you are thinking of jumping into the construction industry keep in mind that big builders reported big losses in 2007. The continuing real estate slump is resulting in job losses among construction workers and those in related jobs. In fact, unemployment for construction workers hit 9.4% in December 2007, with just under a million people out of work in the industry. However, pay close attention to what kind of stimulus package rolls out of Washington DC. If the planned infrastructure enhancements are approved, there may be room for new hires in construction.

Some reported builder losses in 2007:
-Hovnanian lost $469.3 million in 2007
-Toll Brothers lost $81.8M in Q4 2007
-Pulte Homes posted a 2007 Q2 loss of $507.6M

If you work in construction or a related industry, stay positive and start exploring your options at these construction job search sites:
Construction Work
Craft Staffing
Dry Wall Florida

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