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03 May
22:17

Construction labour workforce falls sharply in the US

The US construction industry lost 63,000 net jobs in March, which is the most significant monthly decline in job growth for the sector since the early months of the Covid-19 pandemic. This change may affect demand for steel from the domestic construction market, which is a significant source of demand for long steel products, such as rebar. Kallanish understands from the Associated Builders and Contractors’ (ABC) analysis of labour statistics data that …
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