Construction Job Openings Drop 42% YOY as Labor Churn Accelerates
March 19, 2025
Despite job openings remaining reduced at the end of January, there was much turnover in the month, noted Anirban Basu, chief economist at Associated Builders and Contractors. “Both hires and separations — including layoffs, discharges and quits — accelerated to the fastest rate since the first half of 2024,” Basu said in a statement.
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