http://www.marketwatch.com/story/hiring-weak-in-june-with-only-18000-jobs-created-2011-07-08
“A job recovery cannot happen without improvement in construction.” Construction and related industries make up 10% of GDP. In addition, consumers have seen a significant negative impact on their wealth with the fall in housing prices. Until there is a significant improvement in construction - particularly in the area of residential home building, we will not see a significant improvement in employment.”
Contributing author: George Village, PhD
July 13, 2011
0 Comments