While the economy may be showing signs of awakening from its slumber, no one set the alarm to wake up the construction market. According to the Associated General Contractors (AGC), Washington, D.C., the market lost 21,000 additional jobs in September and almost hit a 14-year low for the month. AGC said construction unemployment tumbled to 17.2 percent and that weak demand for commercial facilities and infrastructure projects is responsible for most of the job losses.

Ken Simonson, the association's chief economist, said, “It has taken less than four years to erase a decade's worth of job gains as the industry suffers from declining private, state and local construction demand. No other sector of the economy has suffered as much for as long as construction.”

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