CONSTRUCTION EMPLOYMENT HITS TWO-YEAR HIGH IN JANUARY BUT INDUSTRY’S 17.7 PERCENT UNEMPLOYMENT RATE REMAINS DOUBLE OVERALL RATE

WASHINGTON, D.C. – February 3, 2012 – (RealEstateRama) — The construction industry added 21,000 jobs in January, as a second consecutive month of unseasonably mild winter weather helped the industry raise employment to a two-year high, according to an analysis of new federal employment data released today by the Associated General Contractors of America. Association officials cautioned that the gains remain fragile amid declining public sector investments in construction and infrastructure