Fair
65°
Crystal Lake, IL
Fair|Forecast »

Caught in a bursting bubble

Once dominant county industry brought to knees when construction slowed

When the housing bubble burst in 2007, the construction industry was sucker-punched.

Of industries hit hardest during the recession that followed, the construction sector experienced the largest national decrease in employment, according to the U.S. Bureau of Labor Statistics.

By December 2008, gross job gains were the lowest on record, and it was estimated that almost 1 million jobs had vanished.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

Are you going to any graduation parties this season?

yes
no