CONSTRUCTION SECTOR ADDS 17,000 JOBS BETWEEN SEPTEMBER AND OCTOBER AS INDUSTRY’S UNEMPLOYMENT RATE FALLS TO 11.4 PERCENT

WASHINGTON, D.C. – November 2, 2012 – (RealEstateRama) — Construction employers added 17,000 jobs in October while the industry’s unemployment rate fell to 11.4 percent, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials noted that total construction employment levels have changed little during the past year while the declines in the industry’s unemployment rate are coming as more former workers leave the industry.