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AGC: Stimulus will fund 650K construction jobs, 300K for materials and equipment

Posted By Equipment World Staff On April 20, 2009 @ 2:55 pm In Construction News | No Comments

The economic stimulus is supposedly set to fund 650,000 construction jobs and another 300,000 in materials and equipment supply, according to the Associated General Contractors of America (AGC).

That’s great news. But at least 1.8 million construction workers are currently jobless and unemployment in the industry had reached 19.2 percent as of January 2009, according to a report in the Sun Journal, citing Dona DeZube, a Monster Finance careers expert as the source. [1]

So instead of adding a whole bunch of jobs, we’re just evening out the playing field by stopping the job losses. Now, if those more 900,000 combined jobs came along with another 1.8 million to put everyone back to work, we’d be in good shape.


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[1] according to a report in the Sun Journal, citing Dona DeZube, a Monster Finance careers expert as the source.: http://tinyurl.com/650-000jobs

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