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Employment changes in construction:
secular, cyclical, and seasonal
John Tschetter
Economist, Office of Economic Growth and Employment Projections, Bureau of Labor Statistics
John Kujasuewicz
Economist, Office of Economic Growth and Employment Projections, Bureau of Labor Statistics
Construction employment growth roughly paralleled that of total employment during 1950-80; but, compared with the total economy, the demand for labor takes longer to recover from recessions.
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