Housing: Getting Back to Work

Freddie Mac’s U.S. Economic and Housing Market Outlook for July shows that while the construction industry continues to struggle on the jobs front, data suggests this sector is ready to get back to work.

Important highlights from the report include:

The unemployment rate for construction workers was 12.8 percent in June with nearly 48 percent out of work for at least six months, both metrics well above the national figure.
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