Construction’s unemployment rate continued its long stretch of year-over-year improvement in February, falling to 8.7% from the year-earlier 10.6%, but the rate was slightly worse than January’s 8.5%, according to the Bureau of Labor Statistics.
With the $305-billion Fixing America’s Surface Transportation Act on the books for nearly three months, the focus now has shifted to moving the five-year measure’s 2016 funding out to the states and turned into construction contracts.
President Obama has nominated Maj. Gen. Todd T. Semonite to be U.S. Army chief of engineers and commander of the Army Corps of Engineers, according to military communications and industry sources.