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Bubble Watch: 1-in-8 New California Jobs Are in Construction

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Why does construction matter in California? It’s not just homes and highways. It’s also jobs.
My trusty spreadsheet tells me that construction bosses statewide employed 900,700 in July — No. 1 among the states — after adding 37,100 workers over 12 months — the nation’s No. 2 increase. (Texas was No. 1.)
Putting the Golden State hiring spree into a national perspective, you can see the above-average growth pace…

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