January Residential Construction Employment Down 1%

Residential construction employment dipped 1.1% from December to January, 2008, according to the most recent figures from the Bureau of Labor Statistics. Some 892,100 workers were employed building residential construction last month, down 9.2% from January 2007.
Average hourly wages for construction workers were up 0.2% month-to-month to $21.46; that mark was 4.3% higher than January, 2007's average hourly salary for construction workers.