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Growth in renovation industry spurs employment

from By Archita Datta Majumdar

The U.S. construction industry is on an upward swing, which has led to record employment figures. Construction and renovation firms have added 20,000 jobs this year, reaching a five-year high in August, according to the Associated General Contractors of America. This accelerated employment growth was the largest since 2006, with residential building and specialty trade contractors adding a maximum number of employees at 5.7 percent. Continued recovery in the construction sector also means that the number of workers looking for work is steadily falling. more

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