4.13.2009

Profession? What Profession?

Like activity at architecture firms, the economy continues to slide. Businesses reported an additional 651,000 payroll job losses in February, with the national unemployment rate rising to 8.1%. The design and construction industry has suffered some of the most serious loses. Fully 17% of payroll losses his year have come from the construction sector, even though this sector accounts for less than 5% of national payrolls. Architecture firms lost over 18,000 jobs between August 2008 and this past January, accounting for 7.5% of all jobs at these firms.

-American Institute of Architects, 2009 [emphais added]

1 Comments:

Blogger bill said...

ouch. wow, that's stunning. lawyers haven't been doing so hot either. but i don't know if its as bad as that!

5:16 PM  

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