Crisis In The Housing Market
Originally published on Thu January 17, 2013 6:29 pm
The construction industry in the U.S. is staging a comeback. In one indicator, the Commerce Department announced Thursday that new homebuilding has reached its highest level in 4 1/2 years.
While that's a promising sign for the industry, more than 2 million construction jobs have been lost in the sector since employment hit its peak. While some might expect that means plenty of people are ready to fill the new jobs, many markets around the country are actually experiencing a shortage of construction workers.
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